What is the meaning of 'Several liablity' ?
Where parties share responsibility collectively, several liability assigns responsibility separately.
Each liable party is accountable for their distinct share of the harm, and their liability is not dependent on the actions or contributions of others involved.
Where parties compensate as per the loss made.
None of the above
Several liability is a legal principle in tort law that deals with situations where multiple parties can be held individually and independently responsible for separate portions of the harm or damages caused to a victim. Hence, option (b) is correct.