joint and several वाक्य
उदाहरण वाक्य
मोबाइल
- Under joint and several liability, where two or more people create a single injury or loss, all are equally liable, even if they only contributed a small amount.
- "Basically, if we settle punitive damages and joint and several liability, I think we can get a bill, " said Rockefeller, who's been seeking product liability for a decade.
- The bank has appointed Gong Wee Ning and Abdul Rahim Hamid, partners of Coopers & AMP; Lybrand, as " joint and several receivers and managers " of the company.
- It started out with $ 4 . 1 billion in debt that was the joint and several liability of all of the national banks of the five former Yugoslav republics,
- The first target is often joint and several liability, which may result in one defendant who is only partly responsible for an injury bearing the full burden of a judgment.
- Even accepting that the court can pierce the corporate veil in some circumstances, the notion of such joint and several liability is inconsistent with the reasoning and decision in Salomon.
- Currently, under the legal doctrine of " joint and several ( cq ) liability, " investors who win a securities suit may collect from any defendant that can afford to pay.
- The bill also exempts small businesses from joint and several liability, where one defendant only partially liable for non-economic damages such as pain and suffering can end up paying all damages.
- Byrd and Scott favor outright elimination of joint and several liability, meaning that defendants could not be held liable for a larger percentage of fault than what a jury assigns them.
- Joint and several liability is most relevant in tort claims, whereby a plaintiff may recover all the damages from any of the defendants regardless of their individual share of the liability.
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