Glossary entry

English term or phrase:

joint and several liability

Albanian translation:

përgjegjësi solidare (e përbashkët) dhe individuale

Nov 26, 2009 08:55
14 yrs ago
1 viewer *
English term

joint and several liability

GBK English to Albanian Law/Patents Law (general)
Definition from www.businessballs.com:
Where parties act together in a contract as partners they have joint and several liability. In addition to all the partners being responsible together, each partner is also liable individually for the entire contract - so a creditor could recover a whole debt from any one of them individually, leaving that person to recover their shares from the rest of the partners.
Example sentences:
It has become apparent in our industrialized society that this doctrine [the common law doctrine of joint and several liability] has produced inequitable and unfair results that have had a detrimental impact on businesses. (www.pointoflaw.com)
Judgment against a teaching hospital in a medical malpractice suit shall be based on the percentage of fault and not Joint and Several Liability. (www.subrogation.net)
Joint and several liability can also apply to rent arrears on joint tenancies, arrears on joint mortgages, Council Tax payments and water charges on properties that have been jointly occupied. (Payplan Ltd. )
Change log

Nov 25, 2009 19:45: changed "Kudoz queue" from "In queue" to "Public"

Nov 26, 2009 08:55: changed "Stage" from "Preparation" to "Submission"

Nov 29, 2009 09:57: changed "Stage" from "Submission" to "Selection"

Jan 17, 2010 15:54: changed "Stage" from "Selection" to "Completion"

Proposed translations

+2
1 hr
Selected

përgjegjësi solidare (e përbashkët) dhe individuale

Definition from own experience or research:
Përgjegjësia solidare/e përbashkët dhe individuale është kushti sipas të cilit ortakët/partnerët në biznes janë të detyruar të mbajnë përgjegjësi bashkërisht por, edhe secili individualisht (dhe si bashkëpërgjegjës të akuzohet ligjërisht secili prej tyre individualisht) për mospërmbushjen e kushteve të një kontrate
Example sentences:
konsiderohen përgjegjës në mënyrë *solidare dhe individuale*; (qpz.gov.al)
të kenë përgjegjësi *individuale dhe solidare* të dyja kompanitë (parlament.al)
Peer comment(s):

agree Rezehana
6 mins
Përshëndetje, Rrezehana! Faleminderit.
agree Αlban SHPΑTΑ : E saktë.
52 days
Faleminderit! Përshëndetje!
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4 KudoZ points awarded for this answer.
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