joint enterprise

   An activity of two or more people, usually (but not necessarily) for profit, which may involve a partnership, joint venture, or any business in which more than one person invests, works or manages. If a court finds that two or more people are involved in a joint enterprise and a member of the enterprise causes negligent damage or a breach of a contract, each of those who are part of the enterprise may be liable for all the damages.

Business law dictionary. 2015.

Look at other dictionaries:

  • joint enterprise — n 1: joint venture 2: an undertaking of two or more parties for a common purpose in which each shares a common interest and an equal right of control (as of a vehicle) ◇ In regard to a tort involving such an enterprise, a third party may impute… …   Law dictionary

  • joint enterprise — A term pertinent in the law of imputed negligence. The pursuit of an undertaking by two or more persons having a community of interests in the objects and purposes of the undertaking, and an equal right to direct and govern the movements and… …   Ballentine's law dictionary

  • joint enterprise — noun 1. : joint adventure 2. a. : an undertaking of two or more persons for a common object under circumstances giving each an equal right to control a vehicle or instrumentality and making all chargeable with the negligence of anyone exercising… …   Useful english dictionary

  • joint enterprise — bilateral fishing agreements similar to joint ventures …   Dictionary of ichthyology

  • joint — adj 1: common to two or more: as a: involving the combined activity or negligence of two or more a joint tort see also joint tortfeasor compare several b …   Law dictionary

  • Enterprise — 1) а) смелое предприятие, инициатива (действие по созданию чего л.) free enterprise свободная инициатива private enterprise личная инициатива a joint enterprise совместная инициатива, совместное предприятие б) промышленное предприятие (фабрика,… …   Словарь бизнес-терминов

  • joint — United; combined; undivided; done by or against two or more unitedly; shared by or between two or more; coupled together in interest or liability. The term is used to express a common property interest enjoyed or a common liability incurred by… …   Black's law dictionary

  • enterprise — A business firm. Bloomberg Financial Dictionary * * * enterprise en‧ter‧prise [ˈentəpraɪz ǁ ər ] noun 1. [countable] ORGANIZATIONS a company or business: • Good financial accounts are vital to any enterprise. • The company started as a family… …   Financial and business terms

  • enterprise — noun 1 plan/project ADJECTIVE ▪ great ▪ exciting ▪ ambitious, difficult, hazardous ▪ successful ▪ …   Collocations dictionary

  • enterprise — n. initiative 1) free; private enterprise 2) a joint enterprise 3) of enterprise (a person of great enterprise) firm 4) a commercial enterprise * * * [ entəpraɪz] private enterprise [ firm ] a commercial enterprise [ initiative ] free a joint… …   Combinatory dictionary

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