Glossary entry (derived from question below)
Aug 16, 2016 09:31
7 yrs ago
Czech term
náležité péče
Czech to English
Law/Patents
Law: Contract(s)
Oznamovaným účtem se rozumí finanční účet vedený oznamující českou finanční institucí držený oznamovanou osobou nebo pasivní nefinanční entitou, jejíž ovládající osoba je oznamovanou osobou, vyhledaný podle postupů náležité péče nebo jiných srovnatelných postupů stanovených v příloze č. 2 k tomuto zákonu.
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(English)
4 +5 | due care | Pavel Slama |
5 +1 | due care | zuzana kmetova |
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due care
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due care
The concept of due care is used as a test of liability for negligence. Also called ordinary care or reasonable care.
This is often used in legal, finantial texts and agreements.
This is often used in legal, finantial texts and agreements.
Example sentence:
The lack of due care is often considered negligence, and in most countries is actionable under law.
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