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You are here: Home / Archives for Business Halacha

“Minor” Damages

May 24, 2016 by shcassist

“Minor” Damages

Who is responsible to pay for damages caused by minors? By Dayan Yehoshua Grunwald The owner of a retail store must be vigilant to avoid damage to his merchandise by potential customers. This is especially true with regards to damage caused by children. Not only are children more likely to break and damage merchandise, there also may not be any party the owner may hold … [Read more...]

Bias in the Bet Din

May 19, 2016 by shcassist

Bias in the Bet Din

To what extent would a relationship with a party recuse a judge from judging a case? By Rabbi Yosef Fund Judging vs. Testifying The Mishna[1] states in the name of Ribbi Yehudah, that a close friend – such as a Shushbin (member of wedding party similar to best man or bridesmaid) – may not bear witness for his friend, as is the case with an enemy who has not spoken to the … [Read more...]

The Over-Excitable Purchasing Agent

May 19, 2016 by shcassist

The Over-Excitable Purchasing Agent

Adapted by Rabbi Ariel Ovadia Richard glanced at the bill of lading. It seemed like the same type of products the company usually ordered, but the quantity seemed a bit off. He ran over to Bobby and remarked, “I know we need the bolts for the piping we manufacture, but 200,000 of them? It seems to be a bit much, doesn't it?” Bobby took one look at the number and quickly went, … [Read more...]

The Death Tax

May 12, 2016 by shcassist

The Death Tax

Keeping the Money in the Family / Adapted by Rabbi Ariel Ovadia In case you haven’t heard, the federal estate, gift and generation-skipping transfer tax (collectively known as the “death tax”) turned 100 this month. The United States death tax is liable on estates above a “standard deduction” of about $5.4 million ($10.8 million if a surviving spouse passes). The top death … [Read more...]

Phantom Ticket Sales

May 6, 2016 by shcassist

Phantom Ticket Sales

Making a profit off what you don’t own / by Rabbi David Markin Case: Reuven held two tickets to a sold-out event – which did not belong to him – with a face value of $50. Upon seeing the tickets in Reuven’s hand, Shimon, who was looking to attend the event, readily offered him $150 for per ticket. Reuven accepted the offer and did not inform the prospective buyer that the … [Read more...]

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