due care

due care definition - business

due care

Care that a reasonable person would provide under normal circumstances. For example, the AICPA Code of Professional Conduct requires that CPAs exercise due care in discharging their professional responsibilities with competence and diligence. Whether a person exercised due care is frequently an issue in legal proceedings.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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