It is a rule in actions ex contractu that all who have a legal interest in the contract, and no others, must join in action founded on a breach of such contract; whether the parties are too many or too few, it is equally fatal. 2. In actions ex contractu all obligors jointly and not severally liable, and no others, must be made defendants. 3. In actions ex. delicto, when an … [Read more...]

The ownership of property by two or more persons or parties. Typically includes right of survivorship. … [Read more...]

United; combined; undivided; done by or against two or more unitedly; shared by or between two or more. A "joint" bond, note, or other obligation is one in which the obligors or makers (being two or more in number) bind themselves jointly but not severally, and which must therefore be prosecuted in a joint action against them all. A "joint and several" bond or note is one in … [Read more...]

In England they are a species of quasi corporations, or companies regulated by deeds of settlement; and, in this respect, the stand in the same situation as other unincorporated bodies. But they differ from the latter in this, that they are invested by certain statutes with powers and privileges usually incident to corporations. These enactments provide for the continuance of … [Read more...]

An account, such as a bank account, which is shared equally by two or more persons and who have equal access to the whole. … [Read more...]