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...] about JOINT STOCK BANKS
J
JOINT ACCOUNT
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...] about JOINT ACCOUNT
JOINT TAX RETURN
A single tax return that reflects the income and tax liability of a married couple. … [Read more...] about JOINT TAX RETURN
JOINT ACTION
An action that includes more than two parties, one which is joint between several parties. … [Read more...] about JOINT ACTION
JOINT AND SEVERAL
A joint contract is one made by two or more promisors who are jointly bound to fulfill its obligations or made to two or more promisees who are jointly entitled to require performance of the same. A contract may be "several" as to any one of several promisors or promisees if he has a legal right (either from the terms of the agreement or the nature of the undertaking) to … [Read more...] about JOINT AND SEVERAL