Place the following acquisition steps in chronological order, starting with the earliest:
I.Sign letter of intent
II.Final sale agreement
III.Ratification
IV.Main due diligence
V.Confidentiality agreement
A)V, I, IV, II, and III
B)IV, I, III, V, and II
C)II, III, IV, V, and I
D)V, IV, I, II, and III

Question

Quizplus · Accepted Answer

The correct chronological order for acquisition steps typically starts with signing a confidentiality agreement (V) to protect sensitive information. Next, parties express their preliminary commitment through a letter of intent (I), followed by main due diligence (IV) to thoroughly examine the business details. The final sale agreement (II) is then drafted and signed, leading to ratification (III), which finalizes the transaction.

Place the Following Acquisition Steps in Chronological Order, Starting with the Earliest