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New page: '''Due diligence''' means the care taken by a reasonable person prior to purchasing an asset or company. It typically includes an audit of the business value of the potential investment, ...
'''Due diligence''' means the care taken by a reasonable person prior to purchasing an asset or company. It typically includes an audit of the business value of the potential investment, and also includes a review of all material facts related to the acquisition.

It is the modern equivalent of the ancient concept of [[caveat emptor]].
[[category:legal terms]]
[[category:finance]]
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