14:06 Aug 21, 2001 |
Spanish to English translations [Non-PRO] Law/Patents | ||||
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| Selected response from: Roberto J. (Ian) Cairncross | |||
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Joint, several and unlimited liability (Responsibility) Explanation: De acuerdo a definición en los artículos de incorporación de Lloyd's de Londres. |
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Joint, several and unlimited liability Explanation: unlimited liability: A liability to pay all the debts incurred by a business. For a sole proprietor or partnership, the liability of the owners is not limited to the amount the owner has agreed to invest. All debts of the business must not only be paid out of the assets of the business but also, if necessary, out of personal assets. Dictionary of Business - Oxford University Press See also: Faced with unlimited liability, many investors won't touch real estate transactions involving any degree of environmental contamination and lenders will not provide funding. The result is that such properties are not cleaned up. www.realtytimes.com Espero que te ayude! Reference: http://www.realtytimes.com business Dict. Oxford University Press |
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jointly and unlimitedly liable Explanation: Please check site below www.moc.go.th/thai/dcr/english/detail5_a.htm - |
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unlimited and in solidum liability Explanation: Espero te sirva de apoyo in solidum: As a whole; for the whole.Ballentine's Law Dictionary responsabilidad solidaria: liability in solidum.-Diccionario de Terminos Legales, Louis A. Robb liability in solidum: Each obligor is individually responsible for the whole |
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