Sentences with phrase «many prudent people»

Otherwise smart and prudent people ignore their attorneys» advice on certain risks and with regard to undocumented or researched concerns.

Advice is in the retirement investor's best interest when the advice is rendered «with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, based on the investment objectives, risk tolerance, financial circumstances, and needs of the Retirement Investor, without regard to the financial or other interests of the Adviser, Financial Institution, or any Affiliate, Related Entity, or other party.»

Specifically, the exemption requires that the advisor, the institution issuing the product and client enter into a contract that clearly commits the advisor to acting in the client's best interests, using the care, skill and prudence that would be exercised by prudent person under the circumstances (the definition that generally governs a fiduciary's duties in other contexts).

For all other sales, the proposal would require licensees to apply a standard very similar to the DOL's «best interests» standard, as well as the ERISA «prudent person» rule.

Acts with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person would exercise; 2.

We are in a time of utter reverence for great and powerful Oz - like people doing not so great things to the rates of interest that would be paid to savers and prudent people (Zero Interest Rate Policy or ZIRP), and doing wonderful things for leverage (substance) users, speculators and asset owners (MBS and long - term T bond buying).

For the United States, the fiduciary standard — putting your client's interest ahead of your own - is known as a prudent person standard of care, a standard that originally stems from an 1830 court ruling.

«Plaintiffs failed to use and exercise... the proper care and precautions which a reasonable prudent person under the same or similar circumstances would have exercised,» attorneys for Oakmont Senior Living wrote in a response to the lawsuit.

The cyclical ravages of inflation, the doubts about the future of Social Security and the continuing escalation of health care costs must cause at least occasional anxiety for any prudent person.

And a prudent person can reasonably doubt those sayings which so precisely fit the needs of Jesus» early followers, which do not fit with the rest of his message.

Prudence also relates to values, for the prudent person must be able to weigh the worth of the choices before him, so as to choose the best in each circumstance.

No wonder that many prudent people simply decide not to decide.

It would seem to a prudent person that any required menu plan for schools, although well intentioned, that is in direct conflict with what's happening at home is simply an opportunity for failure.

Prudent people are able to defer gratification and plan for the future; they can make sacrifices today in order to ensure a better tomorrow.

You need renters insurance because you're a smart, prudent person who realizes that there are risks out there and you should protect yourself against them.

Stocks were too risky for prudent people to invest in and serious money should never be invested there.

The prudent person foresees danger and takes precautions.

It's something that might cross the mind of a reasonable and prudent person as an outside possibility, but it's certainly not the sort of thing one loses sleep over on an ongoing basis.

Intimidation under this section is defined as what a reasonable, prudent person under same or similar circumstances would consider intimidation and whether that person would have felt intimidated by the actions of the animal in question;

    (e) Necessary and reasonable veterinary care including vaccinations that are required or recommended by a licensed veterinarian, and care and treatment a reasonably prudent person would find appropriate or necessary for injuries, neglect, illness or disease with records of such care and treatment that are available for inspection at all times.

According to Milloy, Thompson said, «Any prudent person would agree that we don't yet understand the complexities with the climate system.»

But what he actually said was «Any prudent person would agree that we don't yet understand the complexities with the climate system and, since we don't, we should be extremely cautious in how much we «tweak» the system.»

Until the differences between her results and Graybill's results are definitively reconciled, I do not see how any prudent person can use the Graybill chronologies, regardless of the multivariate method.

Much of a negligence case revolves around assessing whether the defendant's actions were reasonable and whether a reasonably prudent person would have acted differently.

In other words, medical malpractice takes place when a person or entity causes a patient harm by deviating from the level of care that a reasonably prudent person or entity would have used in the same or a similar situation.

Negligence may arise from doing something that a reasonably prudent person would not do or, on the other hand, from not doing something that a reasonably prudent person would...

Negligence may arise from doing something that a reasonably prudent person would not do or, on the other hand, from not doing something that a reasonably prudent person would have done under the circumstances.

Subsection 122 (1) of the Canada Business Corporations Act requires that directors and officers of a corporation, in discharging their duties, shall act honestly and in good faith with a view to the best interests of the corporation, while exercising the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

The failure to exercise the requisite standard of care toward others which a reasonable or prudent person would exercise in the circumstances, or taking action that a reasonable person would not.

such force and means as a reasonably prudent person would use under the same or similar conditions as they appeared to the person, taking into consideration all of the facts and circumstances known to the person at the time of [and prior to] the incident.

The standard of care of a driver is not one of perfection, but rather whether the driver acted in a manner in which an ordinarily prudent person would act.

A reasonably prudent person without medical training would have realized that Ezekiel needed medical attention;

(b) The appearance of such purchaser was such that an ordinary and prudent person would believe that such appearance conformed to any documentary description of appearance presented by the purchaser; and

It concluded that a reasonable, prudent person with knowledge of the law, policies and surrounding facts would not expose the residents of Bath to the effects of tire burning activity, especially when the Ministry was considering banning such activity in the rest of the province.

Negligence is a civil wrong where a party fails to act as a reasonably prudent person would in similar circumstances.

Negligence refers to the failure of an individual to behave how a reasonably prudent person would have acted under similar circumstances.

According to long standing case law, negligence is defined as the failure to do what a reasonable and prudent person would ordinarily have done under the circumstances — or doing what a reasonable and prudent person would not have done under the circumstances.

10 The focus of the open and obvious defense is not whether the defect itself (e.g. failure to warn, design defect, etc.) was obvious, but whether the hazard or risk which ultimately caused the injury was clearly apparent.11 A hazard or risk is open and obvious, «if the person using the product is or should be aware of the risk» 12 but, proceeds to act in a manner where a reasonably prudent person could or should have anticipated the resulting accident.13

Negligence refers to the failure to provide the standard of care that would have been exercised by a prudent person in the same situation.

The court will examine the defendant's conduct and compare that to what a reasonable and prudent person would have done in the same situation.

(b) exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

Negligence is simply another person's failure to act in a manner like another other prudent person would act in the given situation.

A person acts negligently if he or she fails to behave in a way that a reasonably prudent person would have in a similar situation.

Negligence refers to a party's failure to act in a way that an ordinarily prudent person would act under the circumstances to prevent an unreasonable risk of harm.

the culprit acts or omissions which led to the failure to provide necessaries of life were a marked departure from the conduct of a reasonably prudent person in similar circumstances, and

Both directors / executives and representatives would be held jointly and severally liable with the concerned business, unless they prove that they acted with the care, diligence and skill that a prudent person would have exercised in similar circumstances.

the culprit acts or omissions which led to the failure to provide necessaries of life were a marked departure from the conduct of a reasonably prudent person in similar circumstances, and it was objectively foreseeable that the failure to provide necessaries would lead to a risk of danger to the life or permanent endangerment to the health of the person to whom the duty is owed.

A person is negligent if he fails to act as an ordinarily prudent person would act under the circumstances.

You need renters insurance because you're a smart, prudent person who realizes that there are risks out there and you should protect yourself against them.

i) occurred outside the Insured Person's Home Country suddenly, Unexpectedly, and spontaneously, and without: (1) advance warning, (2) advance Treatment, diagnosis or recommendation for Treatment by a Physician, or (3) prior manifestation of symptoms or conditions which would have caused a reasonably prudent person to seek medical attention prior to the onset of the Emergency; and