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Question
In Wells Fargo Bank v. Arizona Laborers, Teamsters and Cement Masons, the court examined the distinction between fraudulent concealment and mere nondisclosure. The court determined that:A.Wells Fargo was not liable because they had no fiduciary duty to provide information to the Arizona Laborers.
B.Wells Fargo was not liable because Arizona Laborers had not specifically requested the information so they had no duty to provide it.
C.Wells Fargo was liable because they have an affirmative duty to provide information to those who they know are dealing with a customer subsequent to their original transaction whether asked for the information or not.
D.Wells Fargo was liable because it was shown that they actively concealed information that Arizona Laborers would have requested had they known existed.
Answer
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Related questions
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