Mr Runner: the owner who gave permission has the option of revoking it at any time, for any reason, and has only to say that he did so to file theft charges against the driver who refuses to return or park it. You may feel you have the right to 'keep' the vehicle because he owes you money, but when a LEO spots the 'stolen vehicle' and arrests you, he isn't going to accept your explanations.
Getting away with it is what gets a lot of criminals caught, when they try it again - just sayin.
We once ran under such a contract. The fleet owner left himself wide open to a driver using the truck as an RV and providing nothing in return. To terminate, the fleet owner would have to provide 30 days advance notice, giving the driver an additonal 30 days to party with the truck. Many contracts are poorly written.
Maybe yes. Maybe no. It would depend on the provisions of the contract. For example, if the contract requires 30 days notice from either party to terminate, the driver can keep the truck for that long and run it as provided by the contract. If the owner reported the truck as stolen in that time, he or she would be guilty of filing a false police report, something the police do not look kindly upon.
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