It protects you.
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so does a condomIt protects you.
I've said before that I don't have a problem with a bill of sale given to the buyer so he can prove he didn't steal the firearm (and he'll have some evidence that I said it's not a stolen firearm). But one seller recently wanted all kinds of info, like SSN etc. That's not the purpose of a bill of sale. The purpose is to give the buyer proof that the buyer actually owns the property.
Someone has the video. Need to post it.