To see the desired glossary, please select the language and then the field of expertise.

    Home
    • English
      • Law (general)
        • Search
          • Term
            • joint and several liability
          • Additional fields of expertise
          • Definition(s)
            • Where parties act together in a contract as partners they have joint and several liability. In addition to all the partners being responsible together, each partner is also liable individually for the entire contract - so a creditor could recover a whole debt from any one of them individually, leaving that person to recover their shares from the rest of the partners. www.businessballs.com
          • Example sentence(s)
            • It has become apparent in our industrialized society that this doctrine [the common law doctrine of joint and several liability] has produced inequitable and unfair results that have had a detrimental impact on businesses. - www.pointoflaw.com by
            • Judgment against a teaching hospital in a medical malpractice suit shall be based on the percentage of fault and not Joint and Several Liability. - www.subrogation.net by
            • Joint and several liability can also apply to rent arrears on joint tenancies, arrears on joint mortgages, Council Tax payments and water charges on properties that have been jointly occupied. - Payplan Ltd. by
    Compare [close] Compare [close] Compare [close] Compare [close] Compare [close]
    • Hindi
      • Law (general)
        • Search
          • Term
            • संयुक्त एवं पृथक दायित्व
          • Additional fields of expertise
          • Definition(s)
            • संयुक्त एवं पृथक दायित्व के तहत, दावा करने वाली पार्टी किसी भी एक पार्टी से दायित्व पूर्ति की मांग कर सकती है मानो यह उनका संयुक्त दायित्व हो, और फिर यह बचाव पक्ष की पार्टियों का काम है कि वे दायित्व और भुगतान में अपना-अपना हिस्सा तय करें. Own research - by Pundora
          • Example sentence(s)
            • उन्होंने कहा कि बैंक की ओर से एक नयी योजना संयुक्त दायित्व समूह की शुरूआत की गयी है.....इसके लिए पांच व्यक्ति इकट्ठा होकर लोन ले सकते हैं... पांच लोगों के समूह में प्रत्येक व्यक्ति एक दूसरे का गारंटर होता है...... - in.jagran.yahoo.com by Pundora
            • और, जायदाद के प्रत्येक स्वामी पर आयकर देयता या संपत्ति कर देयता का पृथक दायित्व होगा। हालांकि यदि संपत्ति के स्वामित्व में यथानुपात योगदान करने के लिए किसी एक संयुक्त खरीदार ... - amarujala.com by Pundora
            • साझेदारों का दायित्‍व असीमित होता है। कानूनी रूप से साझेदार संयुक्‍त होते है और फर्म के दायित्‍वों के लिए उनकी उनकी जवाबदेही होती है। इसका आशय यहां है कि यदि फर्म की परिसम्‍पत्ति और सम्‍पत्ति फर्म के ऋणों को पूरा करने हेतु अपर्याप्‍त होती हैं तो ऋणदाता व्‍यष्टि साझेदारों की वैयक्तिक सम्‍पत्ति से अपने ऋणों की वसूली कर सकते हैं। - bharat.gov.in by Pundora
          • Related KudoZ question
  • Compare this term in: Croatian, Albanian, Arabic, Bulgarian, Catalan, Chinese, Danish, Dutch, Greek, Persian (Farsi), Finnish, French, Hebrew, Hungarian, Indonesian, Italian, Japanese, Latvian, Lithuanian, Macedonian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Swedish, Turkish, Ukrainian, Vietnamese

The glossary compiled from Glossary-building KudoZ is made available openly under the Creative Commons "By" license (v3.0). By submitting this form, you agree to make your contribution available to others under the terms of that license.

Creative Commons License