GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:26 Jun 30, 2003 |
German to English translations [Non-PRO] Law/Patents - Law: Contract(s) | ||||
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| Selected response from: William Stein Costa Rica Local time: 10:22 | |||
Grading comment
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Summary of answers provided | ||||
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4 +1 | make the entire delivery to any one of them with the effect of strict performance towards all. |
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3 | jointly and severally |
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jointly and severally Explanation: is the expression for this type of liability but you would have to rephrase, e.g. If within a contract several persons act as buyers, they are jointly and severally liable. See also ProzGlossary |
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make the entire delivery to any one of them with the effect of strict performance towards all. Explanation: I think this means that all contractual obligations can be fulfilled by delivering the "product" or "service" (it would help to have more context) to any one of the buyers ("strict performance" means full satisfaction of the contractual obligations) |
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