The phrase "exercise reasonable diligence" is correct and commonly used in written English.
It means to put in a reasonable amount of effort and care to accomplish something or to be careful and attentive in doing something. Example: As a financial advisor, it is important to exercise reasonable diligence when managing my clients' investments to ensure their financial stability.
It is not too much to read into the report from Justice the damning implication that, had White & Case and KPMG exercised reasonable diligence, the MGM deal would have collapsed and the legendary studio would never have been looted.
This analysis included an examination of whether the items had been newly obtained (Prosecutor v. Milošević 13 December 2005b, paras. 20 23) and whether the Prosecution has exercised reasonable diligence in relation to the evidentiary items (Prosecutor v. Milošević 13 December 2005b, paras. 24 32).
Lehman also failed to use "reasonable diligence" to get the best prices for customers, the association said.
Although Picower insisted he was unaware of any wrongdoing, bankruptcy trustees for Madoff's firm sued him for $7.2bn this year, claiming that he "knew or should have known" that his phenomenal payouts were fraudulent and that, at a minimum, he had "failed to exercise reasonable due diligence".
The duty of care, on the other hand, refers to the duty of physicians to "exercise reasonable care, diligence and skill in the exercise of their discretionary power (e.g., clinical judgment in the diagnosis and treatment of a patient)" [ 32].
But, the regulator goes on to note a company director "is required to exercise reasonable care, skill and diligence" and it is clear the body believes he didn't meet the mark.
But she ruled that given the "almost unfathomable" complexity of the case and the government's "reasonable diligence" in pursuing it, the delay had not violated Private Manning's rights under the Constitution and law.
Judge Kwon also disagreed with the majority's application of the reasonable diligence standard to certain material (Prosecutor v. Milošević 13 December 2005b: Separate Opinion of Judge O-Gon Kwon, para. 1).
Reasonable diligence would furthermore include the duty to consider information in the press, data published by consumer organizations, news about article recalls due to SVHCs, or knowledge about the expected presence of SVHCs in a certain article group or material.
The judge proclaimed that "it was their (the campaign's) lack of reasonable diligence that ultimately thwarted their effort to gain ballot access here" in West Virginia.
