what is mean by Due Diligence
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Answer / guest
Due diligence is essentially a way of preventing
unnecessary harm to either party involved in a transaction.
due diligence refers to the care a reasonable person should
take before entering into an agreement or a transaction
with another party.
Is This Answer Correct ? | 4 Yes | 2 No |
Answer / pallavi
due diligence means investigation or audit in the
companies, that to reasonable person should take before
entering into an agreement or a transaction of another
party.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / janki
Due diligence is used to investigate and evaluate a
business opportunity. The term due diligence describes a
general duty to exercise care in any transaction. As such,
it spans investigation into all relevant aspects of the
past, present, and predictable future of the business of a
target company. Due diligence sounds impressive but
ultimately it translates into basic commonsense success
factors such as "thinking things through" and "doing your
homework".
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rakesh kumar
Due Diligence means 'Background Checking'.The term has been
originated in US security Act. It means that Broker has to
provide the material information regarding secutities to
the investors. This is the way to ascertain the assertions
made by the seller.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / love patel
before doing any tie up, company should make a proper survey
regarding that company or its market position or getting
its full detail is called due diligence.
Is This Answer Correct ? | 1 Yes | 2 No |
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