I know my Public Liability Insurance wouldn't cover failure of a part I sold, nor should it I think? Indemnity Insurance wouldn't do it either I don't think. The only way out is Limited Liability (ie Pty Ltd). However if a mechanic can replace bushes and balljoints in a 2nd hand bit, I can't see why they can't be sold on an exchange basis, but Greg will probably elaborate later on this.
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