GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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04:26 Aug 25, 2009 |
Spanish to English translations [PRO] Insurance / Co-Insurance Clause | |||||||
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| Selected response from: Paul Stevens Local time: 21:40 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +4 | but they shall not be jointly and severally liable |
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4 +3 | without joint and several liability between them |
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without joint and several liability between them Explanation: Meaning "responsabilidad solidaria". Letra J Diccionario Ingl�s-Espa�ol de T�rminos Contables Joint and several liability Responsabilidad solidaria. http://www.clickdocs.co.uk/glossary/joint-and-several-liabil... Joint and Several Liability Where two or more people enter into an obligation such as a guarantee together, joint and several liability means that the lender or creditor can recover the whole indebtedness from any one of them. They are then left to sort out their respective contributions between themselves. |
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