Partners need no longer be fully liable, and firms can have as many partners as they want.
The richer ones would not be fully liable for backing the bonds if the weaker countries got into trouble, as would have been the case under earlier euro bond proposals.
Reflecting recent changes in the airline industry, the treaty also clarifies that if a passenger buys a ticket from one airline and is carried on another under a code-sharing arrangement, both are fully liable for damages.
"Imagine, in your daily life, if you could foresee just a small risk of something bad happening by the actions of another, if you in any way help them, even very minimally, and it does turn out they commit a crime, you are fully liable as if you, yourself had done it," says Matthew Dyson, Fellow of Trinity College, Cambridge.
The economic question is not whether oil producers "ought" to be fully liable; it is how to limit damage at the lowest total cost through some combination of limited drilling (forgoing valuable oil), large investments in spill prevention (expensive technology), and reductions in other economic activities in potential spill zones (forgoing valuable seafood production, tourism and the like).
Keep in mind that this person, typically a parent, will be fully liable for repaying your loan if you cannot.
Mr Rigas's lawyers say that they have documents which prove that the $3 billion of loans drawn down by the family (and for which the Rigas family and Adelphia were jointly liable) were fully approved by the board and used entirely for board-approved purposes.
She requested an antibiotic cough syrup from Susana, who reluctantly obliged but did not want her own children's medication to be fully consumed, nor be held liable should the boy experience a reaction to a medication that had not been prescribed for him.
If he decided not to follow his generals' advice, he would be seen as irresponsible – and become fully liable for whatever would happen in Afghanistan.
To appease public anger over the disaster, the government has vowed to hold Tokyo Electric fully liable for the compensation claims that are likely to roll in from farmers, fishermen and others whose livelihoods have been disrupted in the crisis.
