4 ms·

> InfoWars does tens of millions in revenue per year, but is nothing without Alex Jones. * (multiplied by) > use-by date of 30 years So then it would be $1.2

• Arnt 2y ago
  Almost everything in law expires, because law is to be reasonable, and not having an expiry is generally unreasonable. For example: When you do due diligence while buying a house or a company, collections are one of the things you need to check. How far back do you need to check the archives? It would be unreasonable to require you to go all the way back. So there's a limit, and it's set so high that it doesn't matter for everyday life, yet low enough that the lawyers and notaries who check the archives can do their job practically. Where I live, a collection expires after 30 years, but it may be much less, there are usually other relevant rules. A single-digit number of years is not unusual in case of collections against a person. (BTW, you're confusing revenue with either profit or cash on hand. Profit is revenue minus costs, and the costs are usually a much bigger than the profit.)
  • hmcq6 2y ago
    If you issue someone a debt as punishment and then absolve it later because it was never something the person could pay in the time frame you gave them then you're just admitting the punishment was unreasonable from the start. > Where I live Lovely but not the case here. There is no "Use-by" date on Jones's debt. Even if he dies his estate will still owe the debt.