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Diligence is an integral part of all Buddhist teaching, and considered the fourth of the pāramitā. In Mahayana tradition, diligence is the third pāramitā and the first said to lead to liberation, and it is said that its practice brings an increase of qualities.
Due diligence can be a legal obligation, but the term more commonly applies to voluntary investigations. It may also offer a defence against legal action. A common example of due diligence is the process through which a potential acquirer evaluates a target company or its assets in advance of a merger or acquisition. [1]
The Seven Virtues are a set of moral principles that include chastity, temperance, charity, diligence, patience, kindness, and humility.
Diligence is a behavior or work ethic with a belief that work is good in itself; also considered a virtue. Diligence may also refer to: Due diligence, a legal concept; Diligence (Scots law), a legal process in Scots law; Operational due diligence, review process for potential mergers and acquisitions
Typical due diligence includes discussions with management, vendors and customers, as well as proper evaluation of any risk factors that might affect the performance of the company or its securities. The modern interpretation of the "prudent man rule" goes beyond the assessment of each asset individually to include the concept of due diligence ...
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In the context of the Mahayana Abhidharma, virya is commonly translated as diligence. [7] Pali literature. In Buddhism's Pali literature, ...
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