true and full information of all things affecting the partnership to an partner or the legal representative of any deceased partner or any of partner under legal disability. (n) DUTY TO RENDER INFORMATION The reason for the DUTY TO RENDER INFORMATION are mutual trust and confidence requires that there no CONCEALMENT AMONG PARTNERS. Hence, there is a duty to render factual and full information of all things affecting the partnership. The information must be used only for the partnership purpose. This is the limitation of DUTY TO RENDER INFORMATION. May there be a duty to render information only when there is demand? No. It does not mean that there may not be an obligation to render voluntary disclosure of material facts affecting or relating to the partnership affairs. Where the information already appears in the partnership books because it is open to inspection there be no duty to render information. EXAMPLE: Carl, Jacob and Pretty are in a partnership wherein Carl sent to inspect their partnership property. Carl realizes that the property has an extra wood and does not disclose the information to Jacob and Pretty. He also lies and says that the property is completely useless for their business and offers to buy Jacob and Pretty’s interests in the partnership. When Carl is the only one holding the business, he develops the gains substantial profits from the woods. Jacob and Pretty later on learn about the information Carl kept hidden from them and demand that they be given their shares in the woods profit. After having sold their interests in the partnership they will be allowed to share in the profits because the information regarding wood was present when they sold their share to Carl, just that was a hidden from them.