What is the meaning of "due diligence"?
British Columbia, Canada
The following excerpt is from Red Branch Investments Limited v Long, 2021 BCSC 283 (CanLII):
The concept of “due diligence” refers to the steps taken or that reasonably should have been taken at the relevant time: Black’s Law Dictionary, 11th ed, subo verbo “diligence”; L’Abbé v. Allen-Vanguard, 2011 ONSC 7575 at paras. 10 and 42.
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