Help in Understanding The Term Due Diligence - Posted by RoyDet

import · March 26, 2001, 1:03pm

Posted by RoyDet on March 26, 2001 at 16:08:53:

Thanks for your prompt response. That’s simple enough.

RD

import · March 26, 2001, 1:03pm

Help in Understanding The Term Due Diligence - Posted by RoyDet

Posted by RoyDet on March 26, 2001 at 14:03:29:

I am frequently seeing the term due diligence and I am yet to fully understand it. I am studying LO Courses of Bronchicks and Kaiser. Is it a clause or just a process? How is it used in an agreement? Would someone please give me an example of how it is used? I am understanding it to be a subject to clause asking for verification of seller’s information.

import · March 26, 2001, 1:45pm

Re: Help in Understanding The Term Due Diligence - Posted by Redline

Posted by Redline on March 26, 2001 at 14:45:02:

It’s a term thrown around in legal and investment areas meaning you MUST do your homework. Due diligence involves finding all pertinent facts and figures and verifying that everything IS what it appears to be.

RL