With regard to the duty of directors and officers to act with due care and diligence, what is meant by the "prudent person" standard?

Name: With regard to the duty of directors and officers to act with due care and diligence, what is meant by the "prudent person" standard?
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The Answer of With regard to the duty of directors and officers to act with due care and diligence, what is meant by the "prudent person" standard?

With Regard to the Duty of Directors and Officers to Act