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I would like to sell items online, and came across this story about a person who sold a $40 printer and ended up (so far) paying over $12,000 in legal fees.

What could I do to prevent this situation on a site like Craigslist?

makerofthings7
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Insurance

Professional indemnity indemnifies you against negligent advice, public & product liability against what it says, motor vehicle ... And so on. A good insurance broker will tell you what you need for your business.

When a claim is made against you, you make a claim on your insurer and, with your input, they decide to fight or settle.

Dale M
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I am not a lawyer.

As part of the sale, require a signed contract that says all the things you want to say to protect yourself. Get a lawyer to write you one or look for examples. I won't actually write an example contract because that might look too much like unlicensed practice of law; however, you might look into the following kinds of clauses and use them (and/or others) when drafting your own:

  • disclaimer of warranties of merchantability and fitness for purpose
  • agreement not to hold you liable for damages resulting from defects
  • limitation of liability, for instance to a token amount ($1.00) or the purchase price
  • reformation and severability clauses to make sure the agreement is enforced to the maximum extent possible in any jurisdiction
Patrick87
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Before to sell I would have couple witnesses that the product that I am selling in a good and working condition

user6856
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