Joint And Several Liability
Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be:
- jointly liable, or
- severally liable, or
- jointly and severally liable.
Read more about Joint And Several Liability: Joint Liability, Several Liability, Joint and Several Liability, Arguments For and Against Joint and Several Liability, Variations, Microfinance
Famous quotes containing the word joint:
“What’s a joint of mutton or two in a whole Lent?”
—William Shakespeare (1564–1616)
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