joint liability (joint and several liability)

Liability of multiple debtors in which each debtor can be held responsible for the entire debt to the creditor; the creditor may demand full payment f...

Gesamtschuld is a liability where multiple obligors are jointly and severally liable to a creditor; each debtor can be pursued for the entire debt. Pa...

A liability clause that imposes joint and several (solidary) liability on multiple parties; each party can be held liable for the full amount; defines...

Joint and several liability means that multiple obligors are liable both together and individually. In the storage context, this refers to multiple pa...

Duty liability denotes the contractual or statutory obligation of a party (often the importer, carrier, or party responsible for customs) to pay or en...

The liability cap is the maximum amount or value for which a carrier or shipper is liable for damages, losses, or delays, unless a higher amount is pr...