Before Stassney Enterprises acquired Midland Enterprises,Stassney representatives took extensive steps to understand Midland's financial situation.Which term describes the actions of Stassney Enterprises?

Question

Quizplus · Accepted Answer

Due diligence refers to the process of researching and analyzing a company or investment before making a decision. Stassney Enterprises took extensive steps to understand Midland's financial situation, which aligns with the actions of due diligence.

Before Stassney Enterprises Acquired Midland Enterprises,Stassney Representatives Took Extensive Steps