Legal Due Diligence · glossary

Q&A

The written channel for the buyer's questions and the seller's answers, run through the data room. Sunrise had 142 questions in three rounds. Answers guide the review, but documents check them: twice on Sunrise, reading caught what an answer had missed. Report Appendix B · Chapter 2 · Chapter 4

Explained in Chapter 2, The Cast and the Setup, of Legal Due Diligence.

How it comes up, in Chapter 2
Everything passes between the two teams through one formal channel. Documents go into the data room, an online library of the target's papers that the seller's side builds. Questions go through the Q&A, a written log of questions and answers.
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Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Legal Due Diligence → · All terms A–Z →