I was talking recently with a client and we were discussing due diligence. In this case, the client had to sue a customer to recover money owed to the client. Of course, future preventative measures came up, which led us to the subject of due diligence.

Merriam-Webster has two definitions for due diligence, ":  the care that a reasonable person exercises to avoid harm to other persons or their property, :  research and analysis of a company or organization done in preparation for a business tr...
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