An important part of obtaining venture capital funding is going through ________ diligence, which refers to the process of investigating the merits of a potential venture and verifying the key claims made by the business plan.
A) appropriate
B) fit
C) due
D) prior
E) responsible

Question

Quizplus · Accepted Answer

"Due diligence" is the common term used to describe the investigation process that venture capitalists go through before investing in a potential venture. Neither of the other answer choices accurately describe this process.

An Important Part of Obtaining Venture Capital Funding Is Going