1 Result in category Home & Garden

The 70/90 Rule & the Principle of Due Diligence

on 08/16/2015 - 01:48 pm

by Quenby Wilcox
It used to be that within the courts one had to provide a ‘smoking gun’ level of proof; that is to say, demonstrate ‘bad faith’ or ‘intent’ in criminal and civil tort cases. However, in the past few decades ‘due diligence’ has increasingly become popular, not only in the courts, but in every industry and profession. Due diligence, broadly defined is the minimum level of effort that a ‘party’ must exercise in the execution of their responsibilities or obligations – with all too many it appears, putting the bar very low in determining ‘minimal level of effort’.
For this reason, the ‘due ...