I am researching due diligence for negotiating contracts that are inherently defective, faulty, or have a need for resolution without litigation after a 'problem' occurs. How the issue occurs is a consideration. Again, error, intent, predictable or accidental are only basic factors. Enhanced due diligence utilizes predictability through case study, MI analysis, possible AI, but the human equation factor has consideration that may not be so replicatable. Influence, emotion, reason, economic factors are only some possibilities. Error factors are possible. Imagine knowing that a particular car is dangerously defective, but economically it could be cheaper to pay death claims than fix the problem. this is a small example of what I am pursuing in my due diligence project. Adequate due diligence is expected. But was it effective enough for unreasonable, unpredictable or illogical circumstances and situations?
Thank you,
Mark