In the First Phase of Due Diligence, Investors Perform a Quick

question 17

Multiple Choice

In the first phase of due diligence, investors perform a quick evaluation on key claims made by the entrepreneur. This includes:

• A) Background checks on the principals.
• B) Verifying title/ownership of any intellectual property.
• C) Analyzing potential competitors.
• D) All of the above.

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Definitions:

Nonprofit

A type of organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its income to the organization's shareholders, leaders, or members.

Government Grant

Financial assistance provided by government agencies to individuals, organizations, or businesses to support activities or projects beneficial to the public.

Grants

Non-repayable funds or products bestowed by one entity (often a government body, corporation, or foundation) to a recipient, typically for a particular purpose or project.

Contracts

Legal agreements between two or more parties that are enforceable by law.