Question

What is the importance of conducting due diligence?​

Answer 1

Due diligence helps investors and companies understand the nature of a deal, the risks involved, and whether the deal fits with their portfolio.

Step-by-step explanation:

Essentially, undergoing due diligence is like doing “homework” on a potential deal and is essential to informed investment decisions.

Answer 2

sorry if wrong

Step-by-step explanation:

Due diligence helps investors and companies understand the nature of a deal, the risks involved, and whether the deal fits with their portfolio. Essentially, undergoing due diligence is like doing “homework” on a potential deal and is essential to informed investment decisions.