Due Diligence Is the Process by Which the Buyer of Property

question 51

True/False

Due diligence is the process by which the buyer of property conducts a thorough investigation of the property and its uses to determine whether environmental or nuisance problems exist.

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Definitions:

Quantitative

Relating to, measuring, or measured by the quantity of something rather than its quality.

Performance Improvement Plan

A series of steps designed to document the areas in which the employee needs to improve, discuss how to improve with the employee, and establish the timeframe for improvement.

Documenting Performance

The process of recording employees' job performance and behavior over a period for the purpose of evaluation, feedback, and developmental purposes.

Areas for Improvement

Specific aspects or skills that an individual or organization needs to develop in order to enhance performance or efficiency.