Questions and Answers on Due Diligence
Due diligence is a procedure of investigation that involves a thorough review of contracts, intellectual property and financial records. This process can be lengthy and can raise a lot of questions as reviewers go through the information. The Q&A feature within VDRs streamlines communication and provides an organized approach to questions and answers, thereby increasing efficiency and speeding up the process of negotiating. Due diligence is defined by the legal definition, formulated four years after 1929’s stock market crash, as [...]