A bank is initiating the process of acquiring another smaller bank. Before negotiations happen between the organizations, which of the following business documents would be used as the FIRST step in the process?
A) MOU
B) OLA
C) BPA
D) NDA

Question

Quizplus · Accepted Answer

An NDA (Non-Disclosure Agreement) is typically the first document used to ensure that any confidential information shared during the initial stages of negotiation is protected.

A Bank Is Initiating the Process of Acquiring Another Smaller