What Is The Difference Between Jointly And Severally?
What Is The Difference Between Jointly And Severally? Jointly means that both parties have joint liability, giving responsibility for the full amount of the obligation to each party. As such, one or both of the parties can be sued for the full obligation. In contrast, however, “severally” means that the parties are only responsible for … Continue reading What Is The Difference Between Jointly And Severally?
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