How the Prudent-Person Rule Is Applied The rule can also be applied to an individual who has been granted stewardship or guardianship of an estate on behalf of another person or people. For example, a pension fund manager hired to run a fund in behalf of the employees of a company is re...
What Is the Prudent Investor Rule? The prudent investment rule requires afiduciaryto invest trust assets as if they were her or his own. This managing investor should consider the needs of the trust'sbeneficiaries—such as a family or employees that do not have a background in investing, the...
Under the Sex Discrimination Ordinance (Cap. 480) (SDO), a person discriminates against a pregnant woman if he treats her less favourably on the ground of her pregnancy than he treats or would treat a person who is not pregnant. It is unlawful to discriminate against a pr...
The case for the prudent retiree rule is strengthened through a better appreciation of the underlying risks to retirement security: demographic risk (too many retirees relative to workers); economic risk (insufficient economic growth) and distributional risk (non-effort-based individual economic outcomes...
What prudently means?: wise and careful in action or judgment. Other Words from prudent. prudently adverb.Who is prudent person?The law does not require a person with a fiduciary responsibility to have extraordinary expertise. However, the prudent-person rule sets a reasonable expectation that ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook RECM (redirected fromrecommend) Dictionary Thesaurus Medical Legal Idioms Wikipedia AcronymDefinition RECMRecommend RECMReal Estate and Construction Management RECMReal Estate Capital Management LLC(Santa Monica, CA) ...
person; thus (a) no one is obligatedtodo whatisnot required by law or preventedfromdoing whatisnot prohibited by law; (b) no [...] daccess-ods.un.org daccess-ods.un.org 个人基本权利:人人享有人身自由和安全的权 利;因此,(a) 没有人有义务做法律没有要求的事情,或没有人被阻止去做法律不...
When running a randomized controlled trial (RCT), a clinical site may face a situation when an eligible trial participant is to be randomized to the treatment that is not available at the site. In this case, there are two options: not to enroll the parti
Understanding how to set appropriate stakes is crucial to successful and prudent betting. Good traders set and adhere to strict position sizing formulas, and they set pain thresholds called stop-loss orders in order to minimize and mitigate big losses. 2. Odds Odds in sports betting represent ...
Individual stocks that qualify for a state-approved list are usually of high quality. In many cases, the approved list will be required to adhere to theprudent person rule, which restricts a money manager to investments that a prudent person might purchase when seeking reasonable income and prese...