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Thank you for the prompt response.
I have few followup questions such I can understand this better:
(1) Is the risk to the person that applied and got the liquor license or to the person that takes title (stores the equipment and holds onto the receipt) ? Or to both? Aka who goes to jail if it comes to it?
(2) Isn't the same risk applicable to all material leftovers from the party? E.g. there were decorations left that somebody took home for next time.
What other more reasonable mitigation do we have : e.g. if the equipment is store at more then one person or if one person buys it and owns it and others might make a "donation".
Or any exchange of money is a payment regardless on it is called?
Thank you again.
Thank you for the answer. I'm looking for a mitigation where I'm not at fault regardless. I do not want to have a record with police where I'm at any fault even for $10.
One last followup question : if one takes title of the equipment it basically takes title of just the residual value of that equipment after is has been used once. What if ALL participants pay just for what was used - that is $100 - and the person that took it home pays for the rest of $200?
Technically after it was used the resale value is only $200 from the $300 original. The person taking it home would cover the $200 and the rest pay $100 for what they consumed. Next time we can do the same until there is no more residual value in there.
What is your take on above. Also what is your answer on the question with all other material leftover items (e.g. decorations)
Thank you again.
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