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The use of special-purpose vehicles, like those at Enron that housed the partnerships and benefited certain insiders -- but for which the shareholders were ultimately liable -- is particularly troublesome as a result of Enron's failure.
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Consequently, the Department is ultimately liable for any fraudulent and erroneous charges not resolved directly with the merchant.
This raises concerns about who is ultimately liable for the harm that comes from third party content providers through uninvolved service providers.
The financing plan would be acceptable to him, he added, if YankeeNets issued the bonds, making it clear who would be ultimately liable for a shortfall.
If the fund were to fail, it would be one of the first in China's fast-growing trust industry to do so and would become a test case as to who is ultimately liable when investment products go bad.
While app developers are ultimately liable for such violations, it is clear that app stores like Google Play and Apple's iTunes Store, as well as agencies like the Federal Trade Commission (which is responsible for enforcing COPPA), need to play a greater role.
And it's the tax payer who is ultimately liable.
The IRS warns that the taxpayer, not the preparer, is ultimately liable for what is on his return.
"Because this advertisement makes a flatly false factual claim for which your station is ultimately liable," the Cruz attorneys wrote, "we strongly urge you to exercise your discretion as a licensee to refuse to continue to broadcast this advertisement, and, because it is already airing, immediately pull the advertisement from your rotation".
The collapse spawned a tangled web of lawsuits in which Furmark and his co-defendants were ultimately judged liable for more than $50 million.
Trustees are ultimately held liable for a charity's actions, yet many wrongly assume it is up to the chief executive and other staff to take care of things on the regulatory front.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com