Is incredibly stupid to assume you are not liable for what you own; that's the reason why the cardholders gets in trouble by lending his credit card to friends

Is incredibly stupid to assume you are not liable for what you own; that's the reason why the cardholders gets in trouble by lending his credit card to friends or not reporting it has been stolen. The same thing with cars; if someone else drives you car you are in big part responsible for what the car is being used for (i.e. a friend and a bank robbery) Hope that destroys your absurd misconception!