Under the Joint and Severally Liable Theory, If There Are

question 35

Multiple Choice

Under the joint and severally liable theory, if there are three defendants and defendant 1 goes bankrupt, then defendants 2 and 3 are:

• A) Each liable for one-third of the amount.
• B) Each liable for one-half the amount.
• C) Both liable for the full amount, although each only has to pay half assuming both can pay.
• D) None of the above.

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