due care

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due care

n. the conduct that a reasonable man or woman will exercise in a particular situation, in looking out for the safety of others. If one uses due care then an injured party cannot prove negligence. This is one of those nebulous standards by which negligence is tested. Each juror has to determine what a "reasonable" man or woman would do.

References in periodicals archive ?
This webinar will provide investors and operational due diligence analysts with insights into the unique challenges presented in analyzing a hedge fund's offshore board of directors.
If you need an equity due diligence investigation, be sure to let the firms you're considering know your risk tolerance level and provide as much information about the physical plant to be purchased as you feel you can divulge.
Techniques for enhancing the background investigation process through integration with the operational due diligence function
However, mere diffusion of a label such as due diligence does not necessarily imply that practices related to it are adopted and implemented.
Commenting on the development, Kerry Hewson, Director of Bankers Almanac, said: "The launch of the "Manage My Documents" feature within the Due Diligence Repository will provide a considerably more efficient way for banks to review and update their documents.
Let's consider the impact of inadequate due diligence from the buyer's perspective to understand why buyers treat this as so important.
Purchase Price/Valuation: Better quality due diligence can indicate whether the asking price is too high, or whether there is "hidden" value in the business.
In general, the purposes of FCPA due diligence with respect to third parties with which a business relationship is proposed are: (1) to assess the reputation of the third party, especially with regard to ethical issues; and (2) to determine whether any foreign official may be involved in the third party as an owner, officer, director, or employee, so that the risks of that involvement can be evaluated and appropriate safeguards developed.
A Rule 144A offering by a mutual or other nonpublic company (for example, the wholly owned subsidiary of a public company or a mutual holding company) will create the need for due diligence and disclosure that may be more extensive than what the company has previously undergone in prior capital-raising via private placements or institutional lending.
com/research/cc6aa7/environmental_due) has announced the addition of the "Environmental Due Diligence Audit Best Practices for Environmental Lawyers" webinar to their offering.
A high-volume, highresolution computerbased encrypted image bank, the KYCOS International Registry of Due Diligence scans and stores account holder ID documents.
If, on the other hand, the purchase requires investigation because either an entire business is bought or other assets are being purchased that require due diligence and a financial investment prior to the purchase, the purchaser may want to enter into a binding agreement with the DIP (or the bankruptcy trustee) subject only to bankruptcy court approval.