In procurement of systems, it is the buyer's responsibility to do due diligence:
*Due diligence*" is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target system for an acquisition. *DGT is providing a technology, not a system in the same way that a software vendor provides an operating environment that software is developed on. Such a technology could be insufficient but not fraudulent.* On Wed, May 21, 2014 at 10:20 AM, Jed Rothwell <jedrothw...@gmail.com>wrote: > Axil Axil <janap...@gmail.com> wrote: > > At this juncture, cold fusion is not a subject where the words " criminal >> statute", fraud, NDA, jail, and "illegal actions" apply. >> > > Of course it is! If Defkalion knows their machine does not work, but they > are trying to sell it for millions of dollars, that is criminal fraud. > > Companies are often prosecuted for knowingly selling machines that do not > work. > > - Jed > >
