Several liability: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Correct the definition, to align with Joint and several page.) |
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The situation where parties act collectively and each party’s liability is limited to a proportionate share of the whole amount. | |||
== See also == | == See also == | ||
* [[Joint and several liability]] | * [[Joint and several liability]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
[[Category:Compliance_and_audit]] | |||
Revision as of 16:32, 8 November 2013
The situation where parties act collectively and each party’s liability is limited to a proportionate share of the whole amount.
