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  2. Due diligence is a term used in business, law, and other disciplines to refer to an audit or review of facts. In other words, to perform due diligence, you are performing an investigation to find factual information on a particular matter.
    incorporated.zone/what-is-due-diligence/
    noun Law, Business. reasonable care and caution exercised by a person who is buying, selling, giving professional advice, etc., especially as required by law to protect against incurring liability: The court said there was due diligence on the part of the plaintiff.
    www.dictionary.com/browse/due-diligence
     
  3. People also ask
    What does due diligence mean?Due means “proper” or “required.” In legal contexts, diligence means “the degree of care required in a given situation.” In this way, due diligence is the level of care or caution that a specific situation calls for. Due diligence is especially used in legal and business contexts involving buying, selling, or giving professional advice.
    What is due diligence in M&A?Due diligence in M&A can include not only looking at obvious details like financial stability, sales, real estate, and intellectual property, but also pending litigation, labor relations, environmental problems, and relationships with third parties.
    What is the origin of due diligence?Due diligence is a phrasal noun that has been used since the mid-fifteenth century. It has always had the intended meaning of “requisite effort” or the effort required to see something through to completion. It was only centuries later that it took on meaning for legal matters.
    What is an example of due diligence in law?Example of due diligence in law In domestic law, the exercise of due diligence by an individual or corporation may be a standard of conduct to defend an allegation of negligence in tort, or as a statutory defence, eg. to allegations of tax evasion.
     
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