Lip Liabilities: Verbal Abuse or Gossip

Lip Liabilities: Verbal Abuse or Gossip!

from projectfellow.org

By Rabbi Yosef Y Ettlinger

Many schools require the teacher to arrange for a substitute, should the teacher need to take a leave of absence.

R. Berger was an acclaimed and noteworthy educator in a prestigious Jerusalem girl’s seminary. As a world renown speaker and sought after inspirer, R. Berger would travel periodically around the globe on speaking tours. He customarily hired R. Adler to teach his classes while on leave.

On Sunday January 29th, R. Berger emailed R. Adler and asked him to fill in for the two weeks of February 5th and February 12th.   Adler had an alternative option for the week of the fifth, but turned it down in favor of this two week employment.

On Feb 1st, the principal’s neighbor told her that she is aware of a R. Cohn who is from the most dynamic teachers in the country. “Why don’t you hire R. Cohn to cover R. Berger’s classes? While R. Adler may be decent, I am sure that Cohn is far more effective.

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The Jewish Ethicist: Speculation

The Jewish Ethicist: Speculation

from aish.com

By: Rabbi Dr. Asher Meir, Business Ethics Center of Jerusalem

Q. Some people make a lot of money on speculation. Is it really ethical to make money without producing anything, just by guessing which way prices are going to move?

A. Fundamentally, speculating is an economically productive activity. But there is no question that it does present some ethical challenges.

The economic importance of speculation is that it encourages the efficient allocation of resources. When speculators hoard a commodity anticipating a future shortage, the result is that when there is indeed a future shortfall in supply, adequate stockpiles will exist. In the framework of modern competitive markets, speculation contributes to effective exploitation of scarce resources.

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Drafted N’ Duped

Drafted n’ Duped!

from projectfellow.org

by Rabbi Yosef Y. Ettlinger

With apartments in high demand, Ray Field saw the following advertisement in the DC area Classifieds. “Airy, comfortable, spacious apt. contact present tenant Joe Berger … must buy existing used furniture.

September 14th 1969… drafted! Dr. Ray Field, a young cardiologist in  NY Beth Israel Medical was summoned to provide ongoing care to US army veterans in the Armed Forces Retirement Home Washington Campus.

Incredibly, Ray and his wife Carol received permission to live off campus, in walking distance from the nearby fledgling Summit Hill Ahavas Torah Synagogue.

Desperate for a place to live, Ray agreed to purchase the existing furniture from Joe Berger for $2,000 (buying power of $12,314.11 in 2011 see CPI Inflation calculator) . Berger then put Ray in contact with the landlord.

 

Ray forwarded 12 head checks to the landlord and intended to meet Berger as they pulled in to their new home.

Excited, though apprehensive about their new beginnings, Ray and Carol pulled up to their new home in Summit Hill, knocked on the door and were warmly greeted by Berger.

Carol took one look at the furniture and almost fainted! “Joe!  This furniture is ten years old!  It’s not worth more than $500! We’re taking the apartment and here’s $500 for the furniture.”

“Mrs. Field, Indeed this furniture is ten years old. But, I moved in here a year ago and the previous tenant forced me to purchase this furniture from him for $2000. I’m just passing down the rip off  to you…”

What’s the Law?

The Answer

The Fields may take the apartment and do not have to uphold their verbal commitment with the previous tenant regarding the furniture (see detailed explanation).

Detailed Explanation

Joe Berger overcharged the Field’s four times the market value simply because he was ripped off last year.

This episode transpired in 1969. There were no digital imaging, e-mail, etc. There was no way for the Fields to have “seen” the merchandise before their consent. Instead, the Field’s reasonably assumed that while the furniture was advertised as used, the $2000 was a fair market value for the quality they were to receive .

In addition, the difference in price and true value was so immense that it could be viewed as though the Field’s did not receive the type of merchandise they agreed to purchase. As such, the Field’s need not “keep their end of the deal either” [Choshen Mishpat 233: 1]

Joe Berger wished to monopolize on the  opportunity. He was not appointed as an agent for his landlord. Instead, the Field’s ultimately dealt directly with their landlord.

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7 Biblical Secrets to Business Success

7 Biblical Secrets to Business Success

from aish.com by Bob Diener

After graduating law school and practicing for two years, I launched an airline ticket business which was quickly profitable. I sold that business in 1991 and then launched Hotel Reservations Network which became hotels.com. I sold the balance of my interest in hotels.com in 2003 and after a five year non-compete launched getaroom.com. Recently during our weekly Friday night dinner discussion, I mentioned that getaroom.com is growing and profitable and reached some new milestones.

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The Impact of Jewish Values on Marketing and Business Practices

The Impact of Jewish Values on Marketing and Business Practices

fro jlaw.com by Hershey H. Friedman

Judaism, which relies on the Torah for its written law, has had a great impact on marketing and business. The Torah is replete with precepts dealing with business, and the Talmud, the source of Jewish oral law, elaborates and expands Torah law. The process is ongoing and rabbinical authorities today build on the decisions of their predecessors to apply Jewish law to modern problems. Some of the issues examined in this paper include: honesty in the marketplace, fair pricing, employer-employee relations, and environmental issues. Jewish law is not only concerned with practical legal advice but in encouraging individuals to go beyond the requirements of the law and practice the “way of the pious.” Judaism does not have a negative attitude towards business and wealth — indeed, most of the Talmudic sages had occupations and some were quite wealthy — but riches must be acquired honestly and used to help the poor, the needy, and the stranger.

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King David Award and Jewish Heritage Month at the U.S. Capitol

King David Award and Jewish Heritage Month at the U.S. Capitol
I have never been more proud to be part of the Aish family as I was on this past May 3rd. Aish International and the Jewish Heritage Commission held the annual King David Award ceremony at the U.S. Capitol in Washington D.C. This event is part of Jewish Heritage month which was proclaimed by President George W. Bush in 2008 and reaffirmed by Presidents Barack Obama in 2014 and Donald J. Trump in April of this year.

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The 6-Step Method for Managing Any Ethical Dilemma

This article is part of the  George Kalmar Business Ethics Series

Originally Published on Entrepreneur 3/31/2016
Dilemma submitted by Matt Sweetwood

Throughout our business and personal lives we are faced with dilemmas that place us between a “rock and a hard place;” dilemmas that are always win-lose. They force us to choose between saving one person’s job while costing another’s; causing one person to lose money while another gains; and hurting one friend while helping the other. They occur both by accident and as a result of the actions of others. The latter is what recently happened to me.

I was working as a business consultant for two sister companies, Alpha, Inc. and Beta, Inc., that have the same parent company, Gamma, Inc. During my initial interactions with Alpha, Charlie, an administrative assistant, informed me that Gamma and Alpha were having some sort of dispute. Charlie was highly stressed about the dispute and told me that he was considering looking for a new job. The president of Alpha would later confirm that she was indeed having a dispute with Gamma.

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