Home > Term: prudent-man (person) test
prudent-man (person) test
The basic legal standard for discovery under the mining law that states: Where minerals have been found and the evidence is of such a character that a person of ordinary prudence would be justified in the further expenditure of his labor and means, with a reasonable prospect of success in developing a valuable mine, the requirements of the statute have been met.
- Part of Speech: noun
- Industry/Domain: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
0
Creator
- ed.young
- 100% positive feedback
(Milwaukee, United States)