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LSDefine

Simple English definitions for legal terms

prudence

Read a random definition: constructive amendment of indictment

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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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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