If a choice of "Yes" is selected then the label and people control should be visible else it should not display these controls on the Form.
yes, that's exactly purpose of formatting rules.
I would suggest to place all the controls that you want to show/hide by a check box into one common Panel control and apply the rule on the panel.
I agree that all the controls to be placed in a panel and rule to be applied on the panel. Will you please help me by sharing a formula to be placed in the rule?
you may want to follow eg. following post Show or hide controls with Rules in Nintex Forms
Thanks a lot Marian for directing to the perfect source.
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