Hard due diligence is founded upon by mathematics and legalities.Select one:TrueFalse
Question
Hard due diligence is founded upon by mathematics and legalities.
Select one:
- True
- False
Solution
The statement "Hard due diligence is founded upon by mathematics and legalities" is more accurately understood in the context of business and finance. Due diligence refers to the comprehensive appraisal of a business or individual before signing a contract or entering into an agreement. Here, "hard due diligence" often involves quantitative analysis, including financial metrics and statistical evaluations, thus involving mathematics. Additionally, legal aspects, such as compliance with laws and regulations, are crucial in this process.
Therefore, the correct answer is: True.
This signifies that both mathematics and legal principles play crucial roles in performing thorough and effective due diligence.
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