Home page               Download material                Accounting topics                Accounting dictionary                Financial calculators

Home » Accounting Dictionary » Letter J » Job and Several Liability Definition
 
 

A   B   C   D   E   F   G   H   I   J   K     M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

 

Joint and Several Liability Definition:

The liability of partners for partnership debts. Partners are liable jointly as the firm and separately as individuals in the event that the partnership cannot cover the debts.

New Page 1

A D V E R T I S E M E N T

 

 

 

 

 

 

Home                         Download material                         Contact us                         Privacy policy                         Link to us                         Advertise

Copyright © 2011