Business Terms and Jargon Explained

What is Joint liability

This is where there is more than one person who has legal liability. They can all be sued not as individuals but jointly as a group. Under certain conditions one entity can be sued.

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ISO 9001 Factum Operating System
learning curve Deed Constrained Discretion
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Keiretsu Capital intensity Obsolete
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Garage Sale mutatis mutandis File Permissions
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Term created / updated 2005-07-16 23:12:15

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