CompTIA CASP+ (CAS-003) — Question 364
A bank is initiating the process of acquiring another smaller bank. Before negotiations happen between the organizations, which of the following business documents would be used as the FIRST step in the process?
Answer options
- A. MOU
- B. OLA
- C. BPA
- D. NDA
Correct answer: D
Explanation
The correct answer is D, NDA (Non-Disclosure Agreement), as it ensures that both parties maintain confidentiality about sensitive information during the negotiation process. The other options, such as MOU (Memorandum of Understanding), OLA (Operational Level Agreement), and BPA (Business Partnership Agreement), are not primarily focused on confidentiality and are typically used later in the acquisition process.