A due diligence is usually part of a process in which one entity investigates and evaluates various aspects of another business, with a view to acquiring or investing in same. It can also be triggered during fundraising rounds, partnership agreements, or the sale of assets. The goal of a due diligence is to assess the legal and/or practical state of affairs in a business and to identify potential gaps or risks prior to acquiring or investing in it, in order to evaluate whether the transaction...