Due diligence is the process of fact finding to determine the total condition of a business being considered for purchase.

Name: Due diligence is the process of fact finding to determine the total condition of a business being considered for purchase.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Due diligence is a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential, which includes assessing the total condition of the business.

Due Diligence Is the Process of Fact Finding to Determine