The Due Diligence Process Involves Investigating Four Critical Areas of the Business

question 80

Multiple Choice

The due diligence process involves investigating four critical areas of the business, which are ________, asset valuation, legal issues, and financial condition.

• A)negotiation
• B)business valuation
• C)motivation
• D)planning

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Definitions:

Default

The failure to fulfill a legal obligation, especially the failure to pay back a loan on time or to appear in court when required.

U.S. Department of Education

A Cabinet-level department of the United States government that oversees federal education policy and administers federal assistance to schools and students.

Repay

The act of paying back money that was borrowed.

Tax Refund

A reimbursement to a taxpayer of any excess amount paid to the government over the tax liability.