Due Diligence Is the Process of Fact Finding to Determine

question 14

True/False

Due diligence is the process of fact finding to determine the total condition of a business being considered for purchase.

---

Definitions:

Parents

Biological, step, or adoptive guardians who bear responsibility for raising and caring for children.

Children's Actions

Legal proceedings involving minors, often related to protection, custody, or rights.

Contract

A binding legal contract between two or more entities that establishes enforceable duties under the law.

Infant

A legal term referring to a person who is not yet of the legal age of majority, often considered under 18 years old.