There is no substitute for performing a complete due diligence on the target firm.

Question

Quizplus · Accepted Answer

Due diligence is a comprehensive and systematic appraisal of a target company's financial, legal, and operational information. It involves verifying the accuracy and completeness of the information provided by the target company and identifying any potential risks or liabilities that may affect the transaction. There is no shortcut or substitute for conducting a thorough due diligence process.

There Is No Substitute for Performing a Complete Due Diligence