When an investor performs an investigation while considering acquisition of a property,this is referred to as:
A)Investigation
B)Risk analysis
C)Due diligence
D)Acquisition analysis

Question

Quizplus · Accepted Answer

Due diligence is the process of investigating and assessing a property by an investor before acquiring it. It includes evaluating the property's financial, legal, and physical aspects to identify potential risks and opportunities. This investigation helps the investor to make an informed investment decision and mitigate any potential risks. Therefore, due diligence is the appropriate term for this process.

When an Investor Performs an Investigation While Considering Acquisition of a Property,this