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due diligence

Defined in 2 dictionaries — Case Law, U.S. Code

Definitions from Case Law

From 64 U.S. 368 - William Wiseman v. Achille Chiappella · 1859Most cited · 14 citing opinions

the practice now, both in England and the United States, does not require more to be done, in the presentment of a bill of exchange to an acceptor for payment, than that the demand should be made of a merchant acceptor at his counting-room or place of business; and if that be closed, so in fact that a demand cannot be made, or that the acceptor is not to be found at his place of business, and has left no one there to pay it, that further inquiry for him is not necessary, and will be considered as due diligence

Show all 2 Supreme Court definitions and how they changed over time 1828–1859

United States Code

35 U.S.C. § 156 — under this section

For the purposes of paragraph (2)(B), the term “due diligence” means that degree of attention, continuous directed effort, and timeliness as may reasonably be expected from, and are ordinarily exercised by, a person during a regulatory review period.