The SharePoint update component does not update with null, if the field already has a value. This can be incorrect, if a value has been updated on a record and needs to be cleared.
Steps to reproduce:
a) Create a list in SharePoint
b) Populate with some values (i.e.)
Key Description NullableField
A Record A KeepThis
B Record B ClearThis
c) Now, using the update component, try to clear the NullableField passing a "null" (not a space). The record does not update.
TIP: Turn on version history and you'll see a new version created. but no update was performed.