Match the term with its definition.
-The exercise of reasonable care in the evaluation of a business opportunity
A)area developers
B)business brokers
C)business format franchising
D)churning
E)co-branding
F)due diligence
G)encroach
H)master licensee
I)multiple-unit ownership
J)product and trade name franchising

Question

Quizplus · Accepted Answer

Due diligence is the exercise of reasonable care in the evaluation of a business opportunity, which includes investigating the financial, legal, and operational aspects of the business.

Note: The other terms mentioned are not related to the definition of due diligence.

Match the Term with Its Definition