The GM's reasoning was a total cop out, and to use the example about "borrowing" gear in a party, I knew someone who did just that. The agreement was stated as "i'll give you my leaping boots if you let me use your HQ water staff/light staff, Verm. Cloak, serket ring, astral earring, and phantom earring."
the kid "DC'd" halfway through the party, then got a 72 ban when he logged back in a few weeks later, so to say that parties are self regulated is bullshit. the kid gave me the items before the ban, and the player never got em back, though they magically could afford to replace about 25million worth of gear within two days.
XI Wiki


