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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 ...
Also called the "Joint Method of Agreement and Difference", this principle is a combination of two methods of agreement. Despite the name, it is weaker than the direct method of difference and does not include it. Symbolically, the Joint method of agreement and difference can be represented as: A B C occur together with x y z
These now refer to joint liability and several liability, respectively. That separation is necessary due to the fact that many other Wikipediae do not have a single article called "Joint and several liability", but instead have one article on joint and one on several liability.
A solidary obligation, or an obligation in solidum, is a type of obligation in the civil law jurisprudence that allows either obligors to be bound together, each liable for the whole performance, or obligees to be bound together, all owed just a single performance and each entitled to the entirety of it.
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Decided November 17, 1948; Full case name: Charles A. Summers v. Howard W. Tice, et al. Citation(s) 33 Cal.2d 80 199 P.2d 1: Holding; When a plaintiff suffers a single indivisible injury, for which the negligence of each of several potential tortfeasors could have been a but-for cause, but only one of which could have actually been the cause, all the potential tortfeasors are jointly and ...
Attention Canadian couples: Money.ca outlines the pros and cons of choosing between separate or joint bank accounts.
High-yield savings accounts offer flexibility and access, while certificates of deposit can offer higher interest rates. Compare HYSAs and CDs to find the best for your budget.