Due diligence is the care a reasonable person should take before entering into an agreement or transaction with another party. It is a process of inquiry that seeks to confirm all material facts in order to reduce or eliminate risk. The concept of due diligence has its roots in English common law, where it was established as a legal duty owed by a person to exercise reasonable care and skill when entering into contracts.
Menu
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
© 2022 All Rights Reserved