joint & several liability
简明释义
连带责任
英英释义
例句
1.In a partnership, all members share the burden of debt under joint & several liability (连带责任).
在合伙企业中,所有成员共同承担债务的责任,依据joint & several liability(连带责任)。
2.In cases of torts, defendants may be subject to joint & several liability (连带责任) for the entire amount of damages awarded.
在侵权案件中,被告可能会因获得的全部赔偿金额而受到joint & several liability(连带责任)。
3.Under joint & several liability (连带责任), a creditor can pursue any one of the debtors for the full amount owed.
根据joint & several liability(连带责任),债权人可以对任何一个债务人追索全部欠款。
4.If one partner fails to pay their share, the others may be held responsible due to joint & several liability (连带责任).
如果一位合伙人未能支付他们的份额,其他合伙人可能会因joint & several liability(连带责任)而被追究责任。
5.The contractor and subcontractor both face joint & several liability (连带责任) for any damages caused during the project.
承包商和分包商对项目中造成的任何损害都面临joint & several liability(连带责任)。
作文
In the realm of law and finance, the concept of joint & several liability plays a crucial role in determining how responsibilities are shared among parties involved in a legal obligation. This principle essentially means that each party involved can be held responsible for the entire obligation, as well as for their individual share. Understanding this concept is essential for anyone engaging in contracts, partnerships, or any form of collaborative business. To illustrate, consider a scenario where three partners invest in a business venture. If the business incurs debts or faces lawsuits, under the principle of joint & several liability, a creditor can pursue any one of the partners for the full amount owed, regardless of each partner's individual contribution to the debt. This means that if one partner lacks sufficient assets to cover their share, the others may have to foot the entire bill. This arrangement not only encourages partners to be diligent in their business dealings but also fosters a sense of collective responsibility. The implications of joint & several liability extend beyond business partnerships. For example, in the context of tort law, if two individuals are found liable for damages caused to a third party, the injured party can claim the full amount from either defendant. This ensures that the injured party has a better chance of recovering their losses, as they can seek compensation from whichever defendant has the most resources. However, it also poses risks for defendants, as they may end up shouldering more than their fair share of the liability. Critics of joint & several liability argue that it can lead to unfair outcomes, particularly in cases where one party is disproportionately at fault. They contend that this principle can incentivize plaintiffs to target the wealthiest defendant, regardless of the actual degree of fault. As a result, some jurisdictions have moved towards a system of proportional liability, where each party is only responsible for their percentage of fault. Despite these criticisms, joint & several liability remains a prevalent feature in many legal systems around the world. It serves as a reminder of the importance of understanding one's obligations when entering into agreements with others. Individuals and businesses alike must be aware of the potential ramifications of this principle, as it can significantly impact financial liability and risk management strategies. In conclusion, the concept of joint & several liability is a fundamental aspect of legal and financial relationships. It underscores the necessity for transparency and accountability among parties involved in any joint endeavor. Whether in partnerships, contracts, or tort cases, understanding this principle can help individuals and businesses navigate the complexities of liability and ensure they are prepared for any potential legal challenges that may arise. As we move forward in an increasingly interconnected world, the significance of joint & several liability will undoubtedly continue to shape our approaches to collaboration and responsibility.
在法律和金融领域,共同及各自责任的概念在确定参与法律义务的各方如何分担责任方面发挥着至关重要的作用。这个原则基本上意味着每个参与方都可以对整个义务负责,也可以对他们各自的份额负责。理解这一概念对于任何参与合同、合伙或任何形式的合作业务的人来说都是至关重要的。举例来说,考虑一个场景,其中三个合伙人投资于一个商业项目。如果企业产生债务或面临诉讼,根据共同及各自责任的原则,债权人可以追索任何一个合伙人所欠的全部金额,而不管每个合伙人对债务的个人贡献。这意味着如果一个合伙人缺乏足够的资产来支付他们的份额,其他人可能不得不承担全部账单。这种安排不仅鼓励合伙人在商业交易中保持勤勉,还促进了集体责任感。共同及各自责任的影响超出了商业伙伴关系。例如,在侵权法的背景下,如果两个个人被发现对造成第三方损害负有责任,受害方可以向任何一个被告索赔全额。这确保了受害方有更好的机会来弥补他们的损失,因为他们可以向任何一个拥有更多资源的被告寻求赔偿。然而,这也给被告带来了风险,因为他们可能最终承担超过其公平份额的责任。批评者认为,共同及各自责任可能导致不公平的结果,特别是在一个方的过错明显高于另一个方的情况下。他们主张,这一原则可能会激励原告针对最富有的被告,而不考虑实际的过错程度。因此,一些司法管辖区已经转向比例责任制度,其中每一方仅对其过错的百分比负责。尽管存在这些批评,共同及各自责任仍然是世界许多法律体系中的普遍特征。它提醒我们在与他人达成协议时理解自己的义务的重要性。个人和企业都必须意识到这一原则的潜在影响,因为它可能显著影响财务责任和风险管理策略。总之,共同及各自责任的概念是法律和金融关系的基本方面。它强调了在任何联合努力中,各方之间保持透明度和问责制的必要性。无论是在合伙、合同还是侵权案件中,理解这一原则可以帮助个人和企业应对责任的复杂性,并确保他们为可能出现的法律挑战做好准备。随着我们在日益互联的世界中前进,共同及各自责任的重要性无疑将继续塑造我们对合作和责任的看法。
相关单词