A warranty is a type of guarantee that a manufacturer or seller makes about the quality of a product. It promises to repair or replace the product if it turns out to be defective. The term “warranty” is often used interchangeably with “guarantee,” but there is a subtle difference. A warranty is typically included in … Read more
Due diligence is the investigation or exercise of care that a reasonable person would conduct before entering into an agreement or transaction to ascertain the potential consequences or risks of the agreement or transaction. In the context of IT procurement, due diligence typically refers to the process of investigating and evaluating a potential vendor or … Read more
