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- To do your due diligence means to take reasonable and prudent actions to gather or disclose relevant and reliable information1234. The purpose of doing your due diligence is to keep yourself or others and your property safe, avoid committing a tort or an offence, and make informed decisions or contracts134. Due diligence can be applied to various situations, such as investing, buying, selling, or entering a contract23.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.the action that is considered reasonable for people to take in order to keep themselves or others and their property safe: exercise/demonstrate due diligence People have to exercise due diligence and watch what's being bought on their credit cards.dictionary.cambridge.org/dictionary/english/due-dili…the process of gathering or disclosing relevant and reliable information about a prospective sale, purchase, contract, etc.: You should perform due diligence on a company before investing.www.dictionary.com/browse/due-diligenceThe purpose of due diligence is to provide you with a more complete assessment when deciding or entering a contract. The due diligence process serves to ensure that you discover all important information required so you understand the stakes and opportunities.www.indeed.com/career-advice/career-developme…(law) reasonable steps taken by a person or an organization to avoid committing a tort or an offence The company had taken all reasonable precautions and exercised due diligence to avoid the offence.www.oxfordlearnersdictionaries.com/us/definition/e…
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