All of the Following Are True About a Confidentiality Agreement

question 16

Multiple Choice

All of the following are true about a confidentiality agreement except for

• A) Often applies to both the buyer and the seller
• B) Stipulates the type of seller information available to the buyer and how the information can be used
• C) Limits the use of information about the seller that is publicly available
• D) Includes a termination date
• E) Limits the ability of either party to disclose publicly the nature of discussion between the buyer and seller

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Definitions:

Investing Activities

Financial transactions and decisions related to acquiring or disposing of long-term assets and investments that can affect a company's capital structure.

Cash Inflow

Refers to the money received by a business from its various activities, including sales, investments, and financing.

Inventory

The goods and materials a business holds for the purpose of resale or production.

Suppliers

Businesses or individuals that provide goods or services to another entity under agreed-upon terms.