A business example
An investor reviewing a startup finds a customer contract listed in the revenue schedule but cannot locate a signed copy.
Claim
The startup presents recurring income from the customer.
Evidence request
The reviewer asks for the contract and supporting performance and collection records.
Finding
The missing document is recorded with its potential impact and proposed resolution.
What this shows
The exercise connects a business claim to evidence and identifies what remains uncertain. A data-room upload count does not do that by itself.
What it is often confused with
Due diligence depends on scope and evidence; it is not a guarantee that no risk exists.
What to look at in your business
Record the requested scope, documents seen, gaps and unresolved findings.
Context and further reading
This entry explains the business term. The related guide below provides the next layer of context; any applicable legal test depends on the transaction and relevant period.
Kosha.Services · Updated 2 October 2026