They held that a trustee must exercise the standard of care of an ordinary prudent businessman, applying any special knowledge he may have.
"The prudent businessman will stay away from controversy because it exposes his entire product line to boycott," he says.
No prudent and responsible American businessman would invest in a business venture he had as little knowledge of, and experience in, as Washington did in Vietnam.
All right," the prudent businessman replied, "but remember what you learned here about breaking girls in.
Merchants, he was told, were to be advised to delay their plans to travel east for a little while; no orders, nothing official, merely a piece of advice a prudent businessman might wish to heed.
Gone are the days when the, existence of a signed building contract merely reflected a formality required by prudent businessmen.
A prudent, forward-looking businessman such as myself would want no part of Shanghai real estate these days.
You understand that an honorable man and a prudent businessman cannot discuss the affairs of his clients with third parties.
However, I am aware of no prudent businessman who would dare insist upon a 10-year course of action based on an immediate, emergent need.
"We will obviously, as prudent businessmen, watch this very carefully," said Richard Torrenzano, senior vice president of the New York Stock Exchange.