[Jewelry making - Article 00841] - Re: [Orchid] Appraiser liability

[Eva]

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    To the best of my understanding, if an appraiser goes into a jewelry
    store to conduct appraisals even though he or she are independent,
    both parties are liable. This is the case since they have an implied
    partnership. As to the individual owners it depends on the type of
    corporation they are. In smaller C type corporations for instance
    for a loan most of the time the owners have to guarantee the loan
    unless the company has clear assets as collateral. Anyone can be
    sued. 

    Hope this helps. 

Eva
Tampa, Florida

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