Labels:book | reckoner | sky | tree OCR: 1s hoi. AS the court of appeals held, Central Bank owed Respondents no duty disclose act. Central Bank exercised irs discretion under the Indenture the Devel. opet for indepcndent revicw of its appra uisal when the bank WaS under no obligation recelving assur- ances that the pereeived problems with the appra isal were without merit, Central Bank again used its discretion in decid- ing vai months for new appraisal. While this deci sion has since been sccond -gue poss by Respondents. there 18 no suggestion E the record that Central Bank iniended deceive Respondents or even tat the bank khew they were being decei ved. The court arncals made no such finding, holding only that Central Bank may have been reck less agrecing wait for the Mou appraisal Beca ausc deemed this an affirnative action, t ...
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