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.
2
Q
Why do we do due diligence?
A
Asses the value of the business and risk associated with buying it.
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?
4
Q
How do we check?
A
Relevant searches on TM registers