What is joint and several liability?
Joint and several liability is a legal doctrine in Colorado that holds parties responsible for an accident liable for all the damages caused by that accident, even if their portion of fault is less than the other parties. This means that if multiple parties are found to be at fault for an accident, each one of them is held legally responsible for the entirety of the damages. For example, if two parties are involved in a car accident, each is 50% at fault in causing the accident. Under joint and several liability, each of them is held responsible for paying 100% of the damages. This means that if one party is unable to pay their portion of the damages, the other party must pay the entire amount. Joint and several liability is designed to protect those who become injured in an accident, as it ensures that they receive the full amount of damages due to them, even if the responsible party does not have enough money to pay their share. It also ensures that the defendant or defendants do not benefit from their negligence, as they are still held liable for the full cost of the damages.
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