Search results
Results from the WOW.Com Content Network
Under joint and several liability or (in the U.S.) all sums, a plaintiff (claimant) is entitled to claim an obligation incurred by any of the promisors from all of them jointly and also from each of them individually. Thus the plaintiff has more than one cause of action: if she pursues one promisor and he fails to pay the sum due, her action is ...
A close equivalent to limited liability partnerships under Polish law is the spółka partnerska, where all partners are jointly and severally liable for the partnership's debts apart from those arising from another partner's misconduct or negligence. This partnership type is only addressed to representatives of some "high risk" occupations ...
Joint Liability Group is a group of 4-10 people of the same village or locality of homogenous nature and of the same socioeconomic background who mutually come together to form a group for the purpose of availing loan from a bank without any collateral.
Joint vs. separate: Can both be the best way to bank?. Many couples find that a blend of joint and separate accounts offers the best of both worlds. This “yours, mine and ours” approach ...
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
I know in Washington state at least, there's a variation in which defendants may only be held jointly and severally liable if the plaintiff is not at fault. If the plaintiff is partially at fault, joint and several liability does not apply. Someone who knows this area of law better than I do should add this into the "variations" section.
The word syndicate comes from the French word syndicat which means "administrator" or "representative" (syndic meaning "administrator"), from the Latin word syndicus which in turn comes from the Greek word σύνδικος (syndikos), which means "caretaker of an issue"; compare to ombudsman or representative.
Joint Parliamentary Committee is formed when motion is adopted by one house and it is supported or agreed by the other house. Another way to form a Joint Parliamentary committee is that two presiding chiefs of both houses can write to each other, communicate with each other and form the joint parliamentary committee. [3]