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Posted On: 04/22/2024 10:40:45 AM
Post# of 85913
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Due diligence is a process or effort to collect and analyze information before making a decision or conducting a transaction so a party is not held legally liable for any loss or damage. The term applies to many situations but most notably to business transactions
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Due diligence is the steps an organization takes to thoroughly investigate and verify an entity before initiating a business arrangement, whether that's with a vendor, a third party or a client. In the general business sense, due diligence means vetting issues that affect the business thoughtfully and carefully.
Please understand what DD actually means prior to posting something as due diligence. What has been discussed as "DD" on the board has basically been going over Dalton's tweets and LI postings and nothing else for years.
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