What is the golden rule of company law?
Asked by: Vesta Davis | Last update: July 26, 2025Score: 4.7/5 (22 votes)
"Golden Rule Sign" that hung above the door of the employees' entrance to the Acme Sucker Rod Factory in Toledo, Ohio, 1913. The maxim may appear as a positive or negative injunction governing conduct: Treat others as you would like others to treat you (positive or directive form)
What is the Golden Rule of a company?
Be a good team player – Offer to help your peers when you can. It's okay to be focused on your own career, but remember that teamwork is an essential quality in almost every work environment. Separate personal time and work time – Avoid wasting company time and resources on your own things.
What is the Golden Rule in law?
The Golden Rule is a principle used in interpreting written documents, such as laws or contracts. It means that a court should follow the ordinary meaning of the words used, unless doing so would lead to an absurd or unjust result. In that case, the court should interpret the words in a way that avoids such a result.
What is the Golden Rule concept?
The Golden Rule, or the ethic of reciprocity, is a common sense moral rule described in the philosophical field of ethics. The rule asks people to treat others as they would wish to be treated.
What is the basic Golden Rule?
“Do unto others as you would have them do unto you.” This seems the most familiar version of the golden rule, highlighting its helpful and proactive gold standard.
The Golden Rule
What does Golden Rule mean?
The Golden Rule is the principle of treating others as one would want to be treated by them. It is sometimes called an ethics of reciprocity, meaning that you should reciprocate to others how you would like them to treat you (not necessarily how they actually treat you).
Where is the golden rule?
A mosaic located at the entrance of the United Nations Secretariat Building in New York depicts people of different nationalities, religions, and cultures with the words: “Do unto others as you would have them do unto you”, the so called Golden Rule, inscribed on its surface.
What is a Golden Rule word?
noun. 1. capitalized G&R : a rule of ethical conduct referring to Matthew 7:12 and Luke 6:31: do to others as you would have them do to you.
What is the 20 rule?
The Pareto principle (also known as the 80/20 rule, the law of the vital few and the principle of factor sparsity) states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few").
What are the three types of golden rules?
- Debit the receiver, credit the giver.
- Debit what comes in, credit what goes out.
- Debit expenses and losses, credit incomes and gains.
What is the golden law?
Called the “Golden Law,” it abolished slavery in all its forms. For 350 years, slavery was the heart of the Brazilian economy. According to historian Emilia Viotti da Costa, 40 percent of the 10 million enslaved African brought to the New World ended up in Brazil.
What is the golden mean rule?
Putting it as simply as we can (eek!), the Golden Ratio (also known as the Golden Section, Golden Mean, Divine Proportion or Greek letter Phi) exists when a line is divided into two parts and the longer part (a) divided by the smaller part (b) is equal to the sum of (a) + (b) divided by (a), which both equal 1.618.
What is the golden rule in real life?
The Golden Rule doesn't really mean that you should treat someone else exactly as you'd want them to treat you … it means that you should try to imagine how they want to be treated, and do that. So when you put yourself in their shoes, ask yourself how you think they want to be treated.
What is a Golden Rule company?
Golden Rule Insurance Company, a UnitedHealthcare Company, is the underwriter and/or administrator of plans marketed under the UnitedHealthOne brand. UnitedHealthcare. Today, UnitedHealthcare serves millions of customers across the country.
What is a company rule?
The company rules govern how a company must operate internally. These rules cover things such as the appointment, removal and powers of directors, rules for meetings and shareholder rights.
What is the Golden Rule in business?
The Golden Rule would ask corporations, or more specifically their managers, to treat others as they would be treated. In the case of CSR, this means that managers should view their responsibil- ities to society as they would want others to view those responsibilities in their place.
What is the Pareto rule?
The Pareto principle (also known as the 80/20 rule) is a phenomenon that states that roughly 80% of outcomes come from 20% of causes. In this article, we break down how you can use this principle to help prioritize tasks and business efforts.
What is the budget rule?
The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings. Learn more about the 50/30/20 budget rule and if it's right for you.
Is saving 30% of income good?
Yes, the 50-30-20 rule can be used to save for long-term goals. Allocate a portion of the 20% to savings or the 30% for wants specifically to your long-term goals. These might include a down payment on a house, education funds, or investments. The rule is meant to bring focus to savings.
What is a cool word for rule?
- control.
- regulate.
- contain.
- curb.
- keep.
- restrain.
- measure.
- govern.
What is the platinum rule?
The Platinum Rule enhances the Golden Rule by urging you to help others as they would wish to be helped” (p. 132). In other words, we must balance “doing good” with “doing no harm” as Yoshino and Glasgow write. An effective ally does both, with empathy and understanding.
What is the silver rule?
The Silver Rule is basically the “Negative” Golden Rule. Taleb writes it as follows: “Do not treat others the way you would not like them to treat you.” Stated another way: if you don't want “X” done to you, don't do “X” to someone else.
What is India Golden Rule?
The principle is simple, it is already embodied in India's Law of Karma as well as in the West's 'Golden Rule': 'Self-Archive Unto Others As You Would Have Them Self-Archive Unto You'.
What does Matthew 7:12 mean?
Jesus was actually saying something very revolutionary in Matthew 7:12. He was calling them to treat all people with love, respect and dignity. He was telling them to be godly in all their relationships with other people no matter who was at the other end of the encounter.
Why is the Golden Rule used?
The golden rule is a rule of statutory interpretation and allows the courts to assume that Parliament intended that its legislative provision have a wider definition than its literal meaning, and so the grammatical and ordinary sense of a word can be modified to avoid the inconsistency or absurdity created by an ...