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LSDefine

Simple English definitions for legal terms

prudence

Read a random definition: impaired capital

A quick definition of prudence:

Term: Prudence

Definition: Prudence means making good decisions based on what you know and what you should know. It's important to think about how your actions might affect others and to be careful when there is a risk of harm or loss. For example, if you are taking care of someone else's money, you should be as careful as you would be with your own money. Prudence is like being a wise and responsible person who thinks before they act.

A more thorough explanation:

Prudence is a way of making decisions and acting in a responsible manner based on what is known or should have been known at the time. It involves taking care of others and being aware of potential risks or dangers.

For example, if someone is driving in bad weather conditions, it would be prudent for them to slow down and drive more carefully to avoid accidents. Similarly, if a business owner is making financial decisions, they should use prudence to ensure they are not taking unnecessary risks that could harm their customers or investors.

The legal system also uses the concept of prudence to determine whether someone acted negligently. The "prudent person rule" is a standard used to evaluate whether a person acted with reasonable care in a given situation. This rule assumes that a reasonable person would act with the same level of care and intelligence as someone managing their own affairs or investments.

In summary, prudence is about being responsible and careful in decision-making and actions, especially when there is a risk of harm to others.

proxy statement | Prudent Investor Rule

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i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
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