Due diligence requires reasonable, prudent efforts to satisfy legal obligations rather than exhaustive measures. The legal concept of due diligence denotes the level of care and persistent effort a reasonable person must exercise to satisfy a legal requirement or ... Summary
Due diligence requires reasonable, prudent efforts to satisfy legal obligations rather than exhaustive measures.
The legal concept of due diligence denotes the level of care and persistent effort a reasonable person must exercise to satisfy a legal requirement or discharge an obligation. The operative standard is one of reasonable diligence or the prudent person benchmark: conduct a prudent individual would employ, requiring reasonable measures under the circumstances rather than exhaustive or impossible actions.
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