Answer:
Due Diligence
Explanation:
Due diligence is the examination or exercise of sustenance that a reasonable business or person is expected to take before accepting
to go into any agreement or contract with another party or an act with a certain standard of care.
It is a legal obligation, but the word are more normally apply to voluntary investigations. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision-makers and by ensuring that this information is systematically used to deliberate on the decision at hand and all its costs, benefits, and risks.
Answer: Due diligence
Explanation: due diligence applies to to acting responsibly and doing the right thing. It also refers to the standards of performance that can be expected, in the execution of tasks.
In its simplest form it means appropriate, required, reasonable care or carefulness. It is the care that someone who is just, fair and rational exercises to avoid harm to other persons or their property.
Whether a legal obligation or a voluntary investigation, it covers the expected measure of care an individual or business is anticipated to take before entering into an agreement or contract with another individual or business; or an act with a certain standard of care.
