Hi there.
I have a space that I just rented to open a store. I want to have vendors under me that pay me a monthly fee to have their products in the store. My insurance agent says I have to have them get product liability insurance first. THey don't like that and I am losing prospective vendors. I need them because I don't have enough money to buy tons of inventory on my own.
So can someone help me? I need a paper they can sign stating that they release me of any responsibility if they're products hurt someone after I sell it.
I really can't afford a lawyer and am running out of time.
Thanks
2007-09-05 03:47:31 · 1 answers · asked by Renee C 2 in Business & Finance ➔ Small Business
There isn 't a paper that your vendors could sign releasing you from responsibiliity - they can't sign something that binds a person who might be injured - that person could still sue both them AND you no matter what the vendor had signed.
2007-09-05 04:34:36 · answer #1 · answered by Judy 7 · 0⤊ 0⤋