Answer :
Nondisclosure of material facts is an area of concern that has given rise to state laws being passed to protect the public from unscrupulous agents.
What is Non-disclosure Agreement?
- When one party to a contract fails to tell the other party anything that affects the contract, it is referred to as a non-disclosure violation in the claim. However, even if the facts concern the transaction's subject, neither party has a general obligation to disclose them to the other.
- However, there are a number of exceptions. In rare circumstances, a party to a contract may be liable for omitting to disclose certain sorts of facts to the other party to the contract. "Non-disclosure violations" are these. A non-disclosure agreement, which is a clause in a contract forbidding the parties from exposing confidential information, is not the same as this.
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