Legal Definitions - suitable

The term suitable refers to something that is appropriate, effective, and meets the specific requirements or purpose for which it is intended.

Here are some examples to illustrate this concept:

• Example 1: Product Safety

  Imagine a parent purchasing a car seat for their newborn baby. For the car seat to be considered suitable, it must be designed for infants, meet current safety standards, be free from defects, and be compatible with the car model. If the car seat is expired, too large for a newborn, or has a known safety recall, it would not be deemed suitable for its intended purpose of safely transporting the baby.

• Example 2: Financial Advice

  Consider a financial advisor recommending an investment portfolio to a client. For the advice to be suitable, the recommended investments must align with the client's specific financial situation, including their age, income, existing assets, risk tolerance, and long-term goals (e.g., retirement, buying a home). Recommending highly speculative, high-risk stocks to a retired individual seeking stable income would likely not be considered suitable advice, as it does not match their financial objectives or risk profile.