Due Dilligence Flashcards

1
Q

What is due diligence?

A

The process of investigation into the business, legal and financial affairs of a company
sufficient to permit parties to make informed decisions about that company.

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2
Q

Why do we do due diligence?

A

Asses the value of the business and risk associated with buying it.

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3
Q

What information will we be checking?

A

Identification - what IP is there
Status - what’s the status
Ownership - is the IP owned by the vendor
Specification - what’s covered?

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4
Q

How do we check?

A

Relevant searches on TM registers

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