jointly and severally Význam & definícia

Význam jointly and severally v slovenčine

• 0 if partners make an agreement jointly and severally, they share all rights and responsibilities equally, and if any partner is unable to share in a responsibility, the others become responsible for that partner's share:

  • All members of the partnership are jointly and severally liable for the debt.

  • The participating companies were fined $50 thousand jointly and severally.