Adapted from the writings of Dayan Yitzhak Grossman February 18, 2021 Our previous article on the GameStop short selling controversy considered some halachic arguments against the legitimacy of short selling. Here we consider several additional arguments. Improper competition In the…
Rav Yitzchak Grossman Question: If two people want to enter a business partnership together, what do they have to do to ensure the shutfus is halachically binding? Answer: In general, a kinyan is needed to make a typical transaction, such…
Rav Shmuel Binyomin Honigwachs Question: An employee signed a non-compete, agreeing to pay a fine if he engages in certain behaviors. He later wishes to flout the agreement, and is willing to take the penalty. Is he allowed to do…
Rav Shmuel Binyomin Honigwachs Question: We have spoken about the efficacy of a halachic non-compete. Would it be less enforceable if it was only agreed to verbally, without any documentation? Answer: As we have stated, non-competes rely on the concept…
Rav Shmuel Binyomin Honigwachs Question: Reuven signed a halachic non-compete that he claims locks him into very unfair terms, such as forbidding him to ever work again in his industry. Does he have any way to get out of this…
Rav Shmuel Binyomin Honigwachs Question: Is there a benefit to having a halachic non-compete document over a standard legal one? Answer: One of most sensitive documents from a halachic perspective is a non-compete agreement. There are two reasons for that.…
Rav Shmuel Binyomin Honigwachs Question: An individual I am acquainted with needed a job, while I was in search of a chauffeur. I offered to hire him as my driver, but I had some stipulations. I said that I would…
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Doubt of the Benefit Excerpted and adapted from a shiur by HaRav Chaim Weg February 11, 2021 If a man shall borrow from his friend, and [the object] breaks or dies… Shemos 22:13 Because a borrower is permitted to…
Contract of Horseless Carriage Dayan Yehoshua Grunwald February 11, 2021 Q If I pass a man struggling to start his car in his driveway in the morning, am I obligated to assist him? A There is a mitzvah in the…