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The prospective buyer of Five Friends Construction must investigate and gather all information about the company and its business assets. The
purpose of this it to decide whether to proceed with the initial transaction on the initially discussed terms, establish areas of risk that need particular attention or, if justified, withdraw from the proposed investment (Global Law Review, 2005). Creating a due diligence checklist is the way to critically assess a companies current and potential profitability.
Elements of Legal Due Diligence Checklists
There are at least sixteen elements of a Legal Due Diligence checklist...
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