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Answer Posted / 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".
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