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What is the difference between joint liability and joint and several liability?
Wiki User
∙ 14y ago
Joint liability means the defendants each must apy their share. Joint and several liability means the plaintiff can collect all dammages from one defendant if the other defendants cannot pay.
Wiki User
∙ 14y ago
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What does it mean a married couple filing a joint tax return has joint and several liability for the taxes associated with the return?
It means that they have joint liability as a couple and also individual liability, so that each one can be charged separately.
Examples of personal liability exposures and how they give rise to legal liability?
examples of joint,several and individual liability of partnership firm
What is the doctrine that helps offset the effect of joint and several liability?
Contributory negligence
Where can one read about the joint and several liability rule online?
There are many places where one can read about the joint and several liability rule online. One of the best places to read about this online would be a website like Wikipedia.
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What type of business has the most liability partnership sole proprietorship corporation or limited liability partnership?
The liability of various forms of business are as follows: Partnership: The liability of the partners is joint, several and unlimited. Sole proprietorship: The liability is of the proprietor is unlimited. LLP: The liability is limited by MOA and AOA.
What is the difference between Rubber Expansion joint and Dismentaling joint?
rubber expansion joint is a rubber and dismentaling joint is mental joint
Difference between joint and fault?
joint does not show any relative movement as fault does
What is the difference between joint and extended family?
yes
What is the difference between a partnership and joint venture?
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WHAT IS Difference between organization and corporation?
joint-stock company
What is the difference between core and joint muscles?
Core muscles are in your core joint muscles are in your arms and legs
