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A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior.
Benjamin N. Cardozo
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Interpretation

What this quote means

A trustee's ethical standards must exceed mere business honesty, incorporating high moral sensitivities.

This quote emphasizes that a trustee, or someone who is responsible for managing another's assets or interests, should uphold an ethical standard that is more refined and stringent than general market ethics. It suggests that honesty is not sufficient; instead, a trustee should adhere to the highest degree of honor and sensitivity in their conduct, reflecting a deeper moral obligation to those they serve.

Themes

TrusteeHonorEthicsMoralityResponsibility

In practice

Example use cases

During a legal seminar on fiduciary responsibilities.

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Lawsuits are rare and catastrophic experiences for the vast majority of men, and even when the catastrophe ensues, the controversy relates most often not to the law, but to the facts. In countless litigations, the law Is so clear that judges have no discretion.
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Law never is, but is always about to be.
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The judge is not the knight-errant, roaming at will in pursuit of his own ideal of beauty or of goodness.
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