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I don't know, and know many folks in this business that do not have any business insurance, but contact an agent in your area, if they do not sell this type of coverage/policy they will be able to refer you an agent that does.

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โˆ™ 2007-09-02 11:01:40
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Q: Do you need Liability Insurance to sell other wholesalers goods on eBay or e-commerce sites?
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Related questions

What is the difference between general liability insurance and cargo insurance?

General liability refers to products completion and labor, while cargo is specific to transportation, such as hauling equipment or goods. The cargo insurance would kick in if there was damage to the goods in transit. General liability would cover goods in your warehouse or on the docks.

What types of eCommerce services are offered?

There are several different kinds of eCommerce services offered. Some services include: digital goods (such as music, e-books, and software), physical goods (such as books, furniture, and gadgets), and services (such as tickets and insurance).

Is a we owe for goods an asset or liability?


What are the function provided by wholesalers?

Provide goods to retailers.

Who are general wholesalers?

General wholesalers are people or companies who sell goods in large quantities. This is usually for the right for resale by the retailer.Ê

How to settle insurance claim caused by fire in respect of goods held in trust by a godown keeper?


Will liability insurance cover a business that purchased stolen goods with out knowing the goods were stolen?

It all depends on the terms of the insurance policy. If it says it will cover that kind of loss, you're covered. If it doesn't specifically cover that kind of loss, you're out.

What two types of wholesalers are involved in the wholesale trade sector?

The two types of wholesalers involved in the wholesale business are those who sell goods on a business to business basis and those who arrange the sale of goods to others for a commission.

What is meant by the term ecommerce?

ECommerce functionality is to allow for the online purchase of goods or services by credit cards or Pay Pal. Buying products over the Internet.

What is Organizations that sell consumer goods that are produced by other companies called?

Retailers or wholesalers.

Is Stock of goods a assets or liability?

I think it an asset

Is stock of goods a liability?

i thnk its nt.stock is not a liability.stock is our asset.when it over comes its goes to liability.

What is the job description of a retailer?

A retailer buys goods from wholesalers or other similar distributors. The retailer then sells the goods to consumers at a somewhat higher price.

What is usually covered by the insurance sold by rental car companies?

Insurance which is sold by rental car companies usually covers damage or liability while driving the vehicle. The insurance does not generally cover any goods that are stolen while locked up in the vehicle. There are different types of insurance which are offered. The best insurance to get is comprehensive and collision coverage.

Is broken goods an expense or liability please explain it to me in detail thanks?

Libability is defined as the state of being responsible for something. An expense is the cost required for something. Whether or not broken goods are a liability or expense depends on the detail surrounding how the goods were broken. The goods would be an expense for the store who owned the goods unless they insisted the patron pay for the item. They would be a liability if the broken goods cause harm to someone.

What is store retailing?

Retailing is selling goods to the customer. Wholesaling is selling goods to retails for resale to customers. Before eCommerce this was mostly done in stores.

What is ecommerce website?

Any website that exchanges goods or services for money is considered an e-commerce website.

What services do IndiaMART offer?

IndiaMART is a directory of suppliers and exporters of goods that have been made in India. It provides retailers and wholesalers with sources for goods they might want to buy.

What are some extra safety features someone can get for their commercial office insurance?

There are so many extra security features available for commercial office insurance, Commercial insurance itself is full of different features such as buildings cover, liability insurance, financial income cover, and goods in transit cover. There are many more depending on a selected insurer.

Where can you find coverage for a Retail Sporting Goods Store that sells Guns and Ammo and also has indoor archery?

Assuming you mean insurance coverage for a sporting goods store, most major insurance companies insure operation of this type. Find an independent insurance agent that represents several companies, and he or she can guide you. If your business is in the U.S., you can also contact the National Rifle Association for information on shooting-related business insurance. You will need property insurance for the building and contents, and liability insurance. If you have not done so, you should consult an attorney regarding incorporating as a business.

eCommerce Hosting?

form_title=eCommerce Hosting form_header=Get eCommerce hosting and allow users to purchase goods and services directly on your website. Does your current website have a working shopping cart system?= () Yes () No Do you need a payment processing service included with your hosting?= () Yes () No How many products exist on your website?=_

What is goods in transit insurance?

Goods in transit insurance is, as it's name suggests, to cover any goods you may be carrying. If you want to know more, visit or call ChoiceQuote Insurance on 0800 440 2180.

What is the importance of goods in transit?

Goods in Transit Insurance is required to be taken out by the shipper if the goods are of a high value. Normally the goods are covered for insurance by the haulier but only for a nominal value lets say 5 USD per kilo so this is why separate insurance can be required. A lot of freight companies have goods in transit insurance specifically for certain customers who have valuable high risk products such as sports goods or alcohol.

What does commercial general liability insurance cover regarding freight?

If you are a freight company, involved with handling freight of others, you will need a motor truck cargo policy if you expect to cover damages to other's freight, which is in your care, custody or control. Generally speaking, commercial general liability insurance contains a standard exclusion of goods or property within your care, custody or control. One recognized exception is in the case of fire legal liability, and that typically only applies to real property (buildings) which you lease from others. If you are a shipper of your own goods, you will need an inland marine / transit policy if you expect to have coverage for your goods while they are freight in someone else's care, custody or control. Your commercial general liability policy does not cover first party property damage, i.e. your property.

What is a whole sale?

A wholesale dealer sells goods to retailers who sell the goods (stock) in their shops. A retailer is someone who sells the goods to members of the public - customers. Some wholesalers will also sell to the public - wholesale and retail.