Glossary entry (derived from question below)
English term or phrase:
be subject to an undertaking to exercise due-care.
English answer:
be subject to an agreement / assurance to use suitable / reasonable care
Added to glossary by
XiaoRan
May 18, 2005 14:59
19 yrs ago
13 viewers *
English term
be subject to an undertaking to exercise due-care.
English
Law/Patents
Computers: Software
The company shall be subject to an undertaking to exercise due-care.
Responses
+4
4 mins
Selected
be subject to an agreement / assurance to use suitable / reasonable care
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Note added at 5 mins (2005-05-18 15:04:54 GMT)
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undertake: to take upon one\'s self solemnly or expressly; to lay one\'s self under obligation, or to enter into stipulations, to perform or to execute; to covenant; to contract.
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Note added at 8 mins (2005-05-18 15:07:38 GMT)
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due care: that degree of care which a prudent and competent person engaged in the same profession would exercise under similar circumstances. A test for liability for negligence. Also called reasonable care.
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Note added at 5 mins (2005-05-18 15:04:54 GMT)
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undertake: to take upon one\'s self solemnly or expressly; to lay one\'s self under obligation, or to enter into stipulations, to perform or to execute; to covenant; to contract.
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Note added at 8 mins (2005-05-18 15:07:38 GMT)
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due care: that degree of care which a prudent and competent person engaged in the same profession would exercise under similar circumstances. A test for liability for negligence. Also called reasonable care.
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
6 mins
shall promise to exercise due care
:)
12 mins
The company shall be bound by an undertaking to exercise due-care
The company shall be bound by an undertaking to exercise due-care
1 hr
be subject to due diligence
We need context to give you the best answer. Your sentence gives me the feeling that we're talking due diligence - the process venture capital uses to see if a company they are considering funding has the right qualities. It means using great care, essentially, and can be used in other situations.
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