an obligation under which any of two or more obligors can be held liable for the entire performance (as payment of a debt)
Solidary obligation is similar to joint and several liability in common law.
Solidary obligation can be classified as either joint or several. In a joint obligation, each debtor is liable for the entire obligation, whereas in a several obligation, each debtor is only liable for their portion of the debt.
1.PuRe oBliGAtIon 2.cOnDItIonAl oBligAtiOn 3.oBliGatIon wItH a pErIod4.aLtErnAtiVe obLIgAtiOn 5.facultatIve oBliGatIon 6.jOiNt oBliGatIon7.sOlIdAry oBliGAtiOn 8.dIvIsiBle obLigAtion 9.inDiViSiBle oBLigAtion10.oBlIGatIOn wIth a pEnaL cODe
Solidary Groups are groups that people join to respond to solidary incentives - the social rewards that lead people to join political organizations
National Administrative Department of Solidary Economy was created in 1998.
An example of a joint obligation is a loan agreement with more than one party on it. An example of a solidary obligation is when there is more than one debtor and more than one creditor on a loan. Any one of the debtors may be obligated to pay the entire loan and any one creditor may collect on the entire loan.
Solidary benefits are selective benefits that are given to members of different faction groups. These benefits include friendship, networking, and consciousness raising. Solidary benefits are benefits that are the opposite of material benefits, they are intangible. --SC
for a sense of belonging to the group
solidary benefits
A solidary creditor cannot assign his rights without the consent of the other.
Obligation is extinguished by fulfilling the obligation as promised or as required.
Anhui University of Technology's motto is 'Being Solidary, Seeking Truth, Working Hard, Making Innovations'.
A conditional obligation is obligation with a condition. ex... I will support your studies in college if Mr. A dies.