- prudent duty
- obligation to be attentive and avoid recklessness
English contemporary dictionary. 2014.
prudent duty
Look at other dictionaries:
Prudent Investor Act — A U.S. law that sets the standard of fiduciary duty for those entrusted with the responsibility of managing others money, such as trustees and estate administrators. It requires that a trustee weigh risk versus reward when making investment… … Investment dictionary
duty of care — du·ty of care d(y)üt ē əv ke(ə)r, ka(ə)r n a duty to use care toward others that would be exercised by an ordinarily resonable and prudent person in order to protect them from unnecessary risk of harm <in a typical medical malpractice lawsuit … Medical dictionary
prudent man rule — noun A standard for the duty of a fiduciary with responsibility over investments … Wiktionary
Breach of duty in English law — In tort, there can be no liability in negligence unless the claimant establishes both that he or she was owed a duty of care by the defendant, and that there has been a breach of that duty. The defendant is in breach of duty towards the claimant… … Wikipedia
Uniform Prudent Investor Act — (UPIA), which was adopted in 1992 by the American Law Institute s Third Restatement of the Law of Trusts ( Restatement of Trust 3d ), reflects a modern portfolio theory and total return approach to the exercise of fiduciary investment discretion … Wikipedia
negligence — neg·li·gence / ne gli jəns/ n: failure to exercise the degree of care expected of a person of ordinary prudence in like circumstances in protecting others from a foreseeable and unreasonable risk of harm in a particular situation; also: conduct… … Law dictionary
United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… … Wikipedia
negligence — The omission to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Negligence is the failure… … Black's law dictionary
negligence — The omission to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Negligence is the failure… … Black's law dictionary
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
