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The same visit delivered what Mr Obama called a "breakthrough in understanding" over the liability of suppliers to any civil-nuclear power plants.
Mr. Perry's company was drawn into a long controversy over the liability issue when a couple claimed a Perry Homes house was defective.
More important would be resolving a spat over the liability that foreign investors will face when getting involved in India's civil-nuclear programme.
But the battle over the liability question is hardly over, and contained in the controversy are not only financial and legal questions but symbolic issues, too.
First, there are instrumental reasons for wanting deliberate control over the liability to legal duties.
The nuclear deal had been held up for six years amid concerns over the liability for any nuclear accident.
Similar(52)
When the standards were changed, the true horror was revealed: in 2003 the average plan was just 42% funded, so the government had to take over the liabilities of many companies.
(Genzlinger) 'A MIDSUMMER NIGHTheRE' The best thing about this off-season haunted house is the over-the-top liability waiver you're made to sign before entering (20 minutes).
The government then disposes of the institution in the least costly way: perhaps finding an acquirer to take over the deposit liabilities and some of the assets (if the institution still has sufficient brand name capital and a loyal customer base); or promptly paying the depositors and liquidating the assets.
Because of an editing error, the Market Place column in Business Day yesterday, about a fight over the liabilities of a Barbados-based reinsurer, and whether American International Group or Starr International should assume them, misstated the position of A.I.G.
Why would anyone want to take over the Driftwood Properties financial liability or any other vacant properties responsibility since the land will forever be open space due to zoning, building codes and Coastal Commission requirements?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com