Could not purchase error when updating apps

When I try to update apps on my iphone, I get the error "Could Not Purchase "Insert App Name Here". An Unknown error occurred (5002)."
Mac Pro, OS X 10.7.5. iTunes 11.0.4. I have never had this error before. Until I updated of course :>(. Before the update button read "Update Free Apps" or something like that. Some of the paid apps update fine, but not the free ones, and all the updates R free regardless...

Hello, Welcome to discussions. Below are some articles to offer further assistance
iPod touch and iPhone: Turning on/off and resetting
http://support.apple.com/kb/HT1430
iPhone basic troubleshooting
http://www.apple.com/support/iphone/troubleshooting/phone/
*Restore is a last option you can try. There are more options below you can try before a restore
*Erase all content and settings is also a last option to try
-Reset Network Settings, This will erase all WiFi Passwords, VPN info if you set that up and may also remove your Apple ID off the iPhone to be added later. Does not affect actual data content.
-Settings - General - Reset - Reset Network Settings - Confirm - Once iPhone is backup and running proceed to update an App
You may also wish to sync a free app from iTunes to the iPhone. This will carry over your latest iTunes account information and then update App that needs update again. If you feel you need to deauthorize the iTunes account and reauthorize the account more information about this below.
About iTunes Store authorization and deauthorization
http://support.apple.com/kb/HT1420

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