Severally

  • 41Forms of ownership — A form of ownership is the manner in which * an undertaking or enterprise is managed and controlled; * capital is contributed; * risks are borne; * profits are divided; and * legal personality affects the business.ole… …

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  • 42joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …

    Law dictionary

  • 43Joint and several liability — Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be:* jointly liable, or * severally liable, or * jointly and severally liable.Joint liabilityIf parties have joint liability,… …

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  • 44joint and several — joint and sev·er·al adj: relating or belonging to two or more parties together and separately joint and several duties of the partners see also joint and several liability at liability 2b compare in sol …

    Law dictionary

  • 45joint tortfeasors — two or more persons responsible for a tort. Courts have power to allocate responsibility among the joint tortfeasors, but each is wholly and severally liable to the victim. Collins dictionary of law. W. J. Stewart. 2001. joint tortfeasors …

    Law dictionary

  • 46Intermediate sanctions — is a term used in regulations enacted by the United States Internal Revenue Service that is applied to non profit organizations who engage in transactions that inure to the benefit of a disqualified person within the organization. These… …

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  • 47Dai-Ichi Kangyo Bank — The Dai Ichi Kangyo Bank, Limited Type Public KK (TYO: 8311) (now defunct) Industry Bank …

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  • 48Militia Act of 1792 — The Militia Act of 1792 was a series of statutes enacted by the second United States Congress in 1792. The act provided for the organization of state militias under the command of the President of the United States. There were, in fact, two… …

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  • 49General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… …

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  • 50Compensation Act 2006 — The Compensation Act 2006[1] Parliament of the United Kingdom Long title An Act to specify certain factors that may be taken into account by a court dete …

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