Difference between revisions of "Due diligence"
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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, ...) |
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Revision as of 16:18, November 13, 2007
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.