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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]
Due diligence is the amount of diligence required to avoid negligence in professional activities. It commonly arises in major acquisitions where the legal principle of caveat emptor ("let the buyer beware") requires the purchaser to make diligent inquiries about the property or service being sold.
Conscientiousness is the personality trait of being responsible, careful, or diligent. Conscientiousness implies a desire to do a task well, and to take obligations to others seriously. Conscientious people tend to be efficient and organized as opposed to easy-going and disorderly.
Kings search for the most diligent and capable business people of their realm to place over certain kingdom affairs. The same is true in the workplace. Diligence will open doors for you.
Work ethic is a belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. [1] Desire or determination to work serves as the foundation for values centered on the importance of work or industrious work.
In financial analysis, a channel check is third-party research on a company's business based on collecting information from the distribution channels of the company. . Performed by third party researchers and financial analysts in order to collect information about a company's business, checks may help to value the company or be used to perform due diligence in various
While wildfires displaced dozens of judges, prosecutors, attorneys, defendants and jurors, L.A. county officials kept the nation's largest nonfederal court system open. Some say it led to health ...
• being paid for directly by the end user (i.e., the investor) rather than by the alternative investment fund or its manager (due to the conflict of interest created if the fund or its manager is the “client”) or bundled as part of a wider service (for example as is the case with a fund of funds).