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Definition of DUE DILIGENCE

1: the care that a reasonable person exercises to avoid harm to other persons or their property
2: research and analysis of a company or organization done in preparation for a business transaction (as a corporate merger or purchase of securities)
But what do we really mean when we use this term?
I find, that in most cases, when someone is exercising their due diligence, they are really just outwardly proclaiming that they have done all they can do, and the menial task is ready to be finished or taken on by someone else.
I am guilty of this also.
So is this just laziness? Or is it the human nature that you know deep down that you are probably going to be let down, or let someone else down, so you need to make a conscious effort to feel better about your life choices?
I choose the latter. I mean really, how many times have you been told that someone is going to do something for you – and they don’t. It’s a serious let down. By proclaiming the work you have done, not only do you feel better about yourself, but you are justified. You did not let yourself down, nor did you let down the task at hand (and the people around you).
Also, though, humans have a need for self-fulfillment. By “fulfilling” a task – or your designated piece of that task – you obtain a little bit of what you need for satisfaction.
And if satisfaction is all we are after, let it be.