GLOSSARY
Mauritian | Eagle Insurance
Mauritian Eagle Insurance maintains an alphabetically sorted list of insurance terms. Please feel free to browse the list or contact us for more information.

Random Insurance Term.
Premises
Building including the land immediately surrounding it and belonging to it.

Alphabetical Index
   A   B   C   D   E   F   G   H   I   J   L   M   N   O   P   Q   R   S   T   U   V   W   
J

Joint and Several Liability Clause
This exists when the situation is such that a creditor in the case can sue any one of the debtors individually, or any, several or all of them, at the creditor's option. This situation applies to tort-feasors as well as to commercial debtors. Persons who together commit a tort and injure another person generally would be jointly and severally liable for the damage. An injured person has the option of suing the entire group or of suing the one having the greatest financial strength.

Judgment
1) An order given by a Court. 2) A debt resulting from a Court Order.

Jurisprudence
Common law, being based partly on decisions made in previous cases and quotations from these earlier cases, supports the decision that should be reached in any particular case presently before the Court. These previously decided cases are known as jurisprudence.

Privacy | Copyright | Disclaimer | A member of the IBL Group | Site credits | Webmaster
© 2002 - 2010 Mauritian Eagle Insurance Company. All rights reserved.
Site Awards & RatingsCommitment to International StandardsV2