Dani:
Yes, I think it sounds backwards to me too. But they might be saying that 30% is their potential profit - their interest in the piece so to speak - so that is what they stand to lose if the piece is broken.
We'll see. I'll let you know how I end up. I am also checking with my insurance agent to see what my policy covers on inventory consigned elsewhere - but I am pretty sure it is just the cost of the material.
Jane
gallery insurance question
Moderator: Brad Walker
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- Posts: 29
- Joined: Mon Mar 10, 2003 5:36 pm
- Location: Marion, Iowa
- Contact:
New from Nolo - Your Crafts Business: A Legal Guide by intellectual property attorney, Richard Stim. All the plain-English information and forms you need to: 1. protect your craftwork 2. run your business 3. understand tax rules 4. license your creations. It looks to be pretty good and has a CD-ROM with all the assorted forms including a consignment agreement and copyright stuff. Even a decent invoice.