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| Home : Business Law : Due Diligence | |
Due Diligence
In the corporate securities and investment context, due diligence is the process of checking the accuracy of information contained in a company public statement, such as a prospectus, before recommending that company to others, i.e., due diligence is the careful professional scrutiny of assets and liabilities of a company to ascertain their existence and value, normally in preparation for an acquisition or liquidation.