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by bhawks
703 days ago
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Liabilities are obligations of a company to pay money owed to a lender as a result of a previous transaction. You are describing an operating expense which has an entirely different nature than a liability. 'comes with a maintenance liability' is a handwaving statement that means practically nothing without a ton of contextual information. A true liability has a contractual set of obligations to pay defined amounts on a agreed upon schedule. No one is going to come after you for not changing the oil on your truck, try missing payments on a lease. |
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Several parties will come after you for not changing the oil on your semi-truck that is being used professionally for freight, starting with your driver, your insurance company, and the US Department of Transportation (DOT), specifically the Federal Motor Carrier Safety Administration (FMCSA), with whom you have m have to provide maintenance records. Trucking is a highly regulated industry, and after Crowdstrike, software engineering is only going to get more regulated, not less.