Rav Yitzchok Grossman Question: If one partner in a business allows the partnership to use his warehouse to store their merchandise, can he demand to be paid rent? Answer: The halacha is clear that if a partnership uses one partner’s…
Rav Yitzchok Grossman Question: If someone is a partner in a real estate company, together with a few other partners and he decides on his own to sell a property, can the other partners cancel the sale if they don’t…
Rav Yitzchok Grossman Question: In western law there’s a concept of vicarious responsibility, where an employer is sometimes responsible for the actions of his employees. For example, in a restaurant, if the cook – who is just an employee –…
Rav Yitzchok Grossman Question: If one partner does something illegal on behalf of the partnership – for example, he buys something on the black market – and the partnership is assessed a hefty fine, are all the partners liable for…
Rav Yitzchak Grossman Question: If one partner arranges for a loan for the partnership as a whole, and now that creditor is ready to collect, can the creditor go after any of the partners as individuals, or is he only…
Rav Yitzchok Grossman Question: How should partners split their profits when the terms were not clearly specified? If one partner put up 70% and the other 30%, should they divide the profits along those lines? Answer: The Gemara discusses this…
Rav Yitzchak Grossman Question: Can one ever be compelled to chip in and join a partnership if there is a communal need? Answer: It’s clear from the Mishnah and Gemara that there are times when partnerships are automatic and people…
Rav Yitzchok Grossman Question: If one owns shares in a corporation, does that mean that he is considered a halachic partner? Would this mean it would be forbidden to own shares in a company that sells chometz on Pesach or…
Rav Yitzchok Grossman Question: If a partnership is created in a way that is not according to halacha, but is in accordance with common custom or legal norms, is that enough? Answer: There are Gedolei Acharonim, including the Ridvaz and…
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…