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WebCite. Reasonable and Prudent Standard means the standard of a person seeking in good faith to comply with its contractual obligations and, in so doing and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight that would reasonably and ordinarily be expected from a skilled and experienced ... WebMay 4, 2024 · Standards and their development frame, guide, and normalize almost all areas of our lives. For example, standards in IT govern interoperability between a variety of digital devices and platforms, standardized production of various machine parts allows uniform repair and reproduction. Standardization in fields like accounting, health care, or ... raymond aspinwall formby
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