{"id":587,"date":"2022-10-04T13:47:38","date_gmt":"2022-10-04T13:47:38","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&#038;p=587"},"modified":"2022-10-04T13:47:38","modified_gmt":"2022-10-04T13:47:38","slug":"due-diligence","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/due-diligence\/","title":{"rendered":"Due Diligence"},"content":{"rendered":"<p><span data-sheets-value='{\"1\":2,\"2\":\"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.\"}' data-sheets-userformat='{\"2\":769,\"3\":{\"1\":0},\"11\":4,\"12\":0}'>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 <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/common-law\/\" target=\"_self\" title=\"Common law is a system of law that is based on judicial precedents, as opposed to statutory law. This means that common law is derived from the decisions of judges, rather than from statutes enacted by legislatures. In countries that have a common law system, judges play a key role in developing the law, and&hellip;\" class=\"encyclopedia\">common law<\/a>, where it was established as a legal duty owed by a person to exercise reasonable care and skill when entering into contracts.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/due-diligence\/\"> <span class=\"screen-reader-text\">Due Diligence<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":3,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"encyclopedia-tag":[],"class_list":["post-587","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia\/587"}],"collection":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/media?parent=587"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia-tag?post=587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}