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...]
JOINT AND SEVERAL LIABILITY
When several people are liable for a debt or obligation and the creditor can sue and collect the entire from each one or in any proportion from the group of debtors. … [Read more...]
JOINT CAUSE OF ACTION
A lawsuit that is filed by two or more parties as a result of a common issue in controversy. … [Read more...]
JOCUS
In old English law. A game of hazard. Reg. Orig. 290. … [Read more...]
JOINT CONTRACT
One in which the contractors are jointly bound to perform the promise or obligation therein contained, or entitled to receive the benefit of such promise or obligation. 2. It is a general rule that a joint contract survives, whatever may be the beneficial interests of the parties under it; where a partner, covenantor, or other person entitled, having a joint interest in a … [Read more...]