Due Diligence Can Be Defined as ________

question 29

Multiple Choice

Due diligence can be defined as ________.

• A) The exercise of reasonable care in the evaluation of a business opportunity
• B) The exercise of sensible care in the evaluation of a business opportunity
• C) The exercise of rational care in the evaluation of a business opportunity
• D) The exercise of judicious care in the evaluation of a business opportunity
• E) The exercise of equitable care in the evaluation of a business opportunity

---

Definitions:

Consumers Vote

Refers to the concept where consumers express their preferences and influence market trends through their purchasing choices.

Government Sets Prices

A policy or situation in which the government directly controls or sets the prices of goods and services in an economy, rather than allowing them to be determined through free-market forces.

Market Reform

a strategic change in economic policies and regulations intended to create a more competitive and efficient market environment.

Market-Oriented Economy

An economic system where supply and demand determine the production of goods and services, with minimal government intervention.