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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It is the modern equivalent of the ancient concept of [[caveat emptor]]. | It is the modern equivalent of the ancient concept of [[caveat emptor]]. | ||
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Latest revision as of 11:48, July 13, 2016
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.