Alone Quote by Benjamin N. Cardozo
“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.”
About This Quote
Source Legal Opinion: Palsgraf v. Long Island Railroad Co., 1928
Trustees must uphold higher ethical standards than ordinary market morals, emphasizing honor and integrity.
In simple terms: Trustees need higher honesty than normal.
Key Takeaway
Act with honor, not just honesty.
Themes
ethics
law
responsibility
Mood
serious
reflective
Type
legal
ethical
When to use this quote
- corporate governance
- financial management
- public office
- nonprofit leadership
Key Concepts
fiduciary duty
integrity
trust law
Questions to Reflect On
- How do you ensure personal bias doesn’t affect fiduciary duties?
- What mechanisms reinforce higher ethical standards?
A Different Perspective
Even with strict standards, personal bias can affect decisions.
