Due Diligence Typically Includes an Investigation of

question 45

Multiple Choice

Due diligence typically includes an investigation of

• A) the business model.
• B) the market.
• C) the legal entity.
• D) the financial records.
• E) all of the above.

---

Definitions:

Rescind

To revoke, cancel, or repeal a contract, agreement, or offer, making it as though it never existed.

Concealment

In contract law, taking active steps to prevent another from learning the truth.

Nondisclosure

The obligation to keep certain information confidential and not share it without authorization, typically enforced through agreements.

Innocent Misrepresentation

a false statement made without knowledge of its falsity, but not intended to deceive, which may allow for some remedies if it leads another party to enter into a contract under false pretenses.