Which best describes due diligence?     Having a standby amount of cash to open the restaurant.     Having the working capital needed to keep it alive more than a few months.     The banks assessment of assets that they can take should the loan not be repaid.     A thorough check to assure that everything works.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter10: Financing And Producing Goods
Section: Chapter Questions
Problem 21AA
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Which best describes due diligence?
   
Having a standby amount of cash to open the restaurant.
   
Having the working capital needed to keep it alive more than a few months.
   
The banks assessment of assets that they can take should the loan not be repaid.
   
A thorough check to assure that everything works.
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