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severable |
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That which is capable of being separated from other things to which it is joined and maintaining nonetheless a complete and independent existence. The term severable is used to describe a contract that can be divided and apportioned into two or more parts that are not necessarily dependent upon each other. For example, a seller accepted a buyer's order for sixty dozen hats and caps of different sizes and colors. He shipped all but five dozen to the buyer, who then refused to accept the order. The seller brought an action against the buyer for breach of contract. There was no evidence to show that the contract called for delivery of the whole order at one time. The court held that the buyer could not escape liability because the seller had failed to ship five dozen hats and caps, since the order calling for hats and caps of different patterns, sizes, and colors constituted a "severable contract." The term severable is also used in connection with statutes. A severable statute is one that after an invalid portion of it has been stricken remains self-sustaining and capable of separate enforcement without regard to the stricken provisions. severable adjective apportionable, cleavable, dissoluable, dividual, dividuus, divisible, fissile, fissionable, fractional, partible, scissile, separabilis, separable Associated concepts: severable contract, severable statute See also: divisible, divisive, separable How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| But some legal experts said judges are free to use their own discretion on severability, regardless of the presence of an enabling phrase. Alternatively, D&O policies should guarantee severability of representations in both the application and the insurance policy to protect and preserve coverage for innocent directors and officers. Facing this type of suit by a D & O carrier, many directors or officers believe that the severability clause potentially contained in their policy will save them from an adverse coverage determination, especially if they played (or think they played) no role in the alleged fraud. |
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