The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Sued as a Seller?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Grenade7

New Contributor
Read Millionaire Fastlane
Oct 26, 2017
14
17
22
New Jersey
Hi All,

So I've been making progress on my journey to create and sell private label product. However, I'm suddenly a little concerned about being sued over god knows what. Say a product has small beads that a child chokes on, or what if a product somehow catches fire and burns down someone's home. People seem to love suing nowadays... For example, my fiance is currently being sued for tens of thousands of dollars for medical bills from a VERY minor side swipe accident that I can guarantee you weren't from the accident. Damage to the vehicle was only scratches, no air bags went off, my fiance was turning into a lane from a complete stop when the side swipe occurred, the woman declined medical attention at the scene, and she's now suing for neck, shoulder, and foot surgeries she has had over the last 2 years since the accident. I guess this is what has really made me paranoid.

Has anyone experienced any crazy legal problems from selling product online? Is there any protections from this that you're aware of?

Thanks,
Mike
 

Don't like ads? Remove them while supporting the forum. Subscribe.

404profound

Platinum Contributor
FASTLANE INSIDER
I've Read UNSCRIPTED
Speedway Pass
Aug 27, 2017
1,362
2,816
667
Desert of Desertion
Looking for legal advice here probably isn't the best route. My own approach would be to see how people with similar products manage the risk. Every serious business has a risk mitigation strategy to handle those types of situations, which is usually a combination of warning labels on packaging and the product itself, and, if there is a serious hazard, explicit customer consent to waive the company's liability for damages. That being said, I'm no lawyer, and I'm sure suits still through those protections based on specific circumstances. I don't think any business is ever fully devoid of legal risk. Again, I'm a noob in entrepreneurship, but that's what I've gathered.
 
OP
OP
G

Grenade7

New Contributor
Read Millionaire Fastlane
Oct 26, 2017
14
17
22
New Jersey
Looking for legal advice here probably isn't the best route. My own approach would be to see how people with similar products manage the risk. Every serious business has a risk mitigation strategy to handle those types of situations, which is usually a combination of warning labels on packaging and the product itself, and, if there is a serious hazard, explicit customer consent to waive the company's liability for damages. That being said, I'm no lawyer, and I'm sure suits still through those protections based on specific circumstances. I don't think any business is ever fully devoid of legal risk. Again, I'm a noob in entrepreneurship, but that's what I've gathered.
Thanks for the response. I'm not looking for legal advice, per se, but more so wondering what some more up and running sellers on here have run into (or not run in to).
 

amp0193

Legendary Contributor
EPIC CONTRIBUTOR
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 27, 2013
3,194
14,201
2,804
United States
Is there any protections from this that you're aware of?
Product liability insurance.

If you are worried enough to start a thread, then get some.

Pretty a much a must for anyone selling products other than spatulas.
 

SteveO

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Summit Attendee
Speedway Pass
Jul 24, 2007
3,873
16,527
3,254
I have been sued a few times. Fear does nothing. Insurance does though. Never had to pay out of my pocket for a liability issue. Insurance has because settling costs less than a drawn out process.

Fear is the GREAT INCAPICITATOR.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Kill Bigger Incubator
@Kak Out of curiosity, what types of businesses are you advising on? (I read this whole thread...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Just bought 5 of your Upwork courses. Thanks for making valuable content Lex!
  • Sticky
MARKETPLACE Fox' Web School's "Legend" Group Coaching Program 2020
Thanks for the detailed response. I see it similar, in the beginning, you have only a small...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Thanks for your offer to look at my book. Here's the link to the squeeze page Buy The Prosperous...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
The day I can afford to pay 800 a month to have someone keep me accountable is the day I've won...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom