Duty to Disclose

The Duty to Disclose refers to the legal and ethical obligation to share important information, particularly in situations like contracts, business transactions, or professional relationships. This means that if you know something critical that could influence a decision, you must reveal it to the other party. Failing to disclose this information can lead to misunderstandings, legal disputes, or accusations of deceit. Essentially, it’s about being transparent and fair, ensuring that everyone involved has the necessary information to make informed choices.