Guaranteed Low Prices and Interest: Difference between revisions
From Halachipedia
→Discounted for Subscriptions
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==Discounted for Subscriptions== | ==Discounted for Subscriptions== | ||
# A Jewish journal or magazine which offers a discount for those who purchase a subscription in advance should present it as the price for a year or half a year and not that it is the price for paying in advance. A newspaper which uses the money for investments should offer the subscriptions with a heter iska.<ref>Malveh Hashem 1:9:40</ref> | # A Jewish journal or magazine which offers a discount for those who purchase a subscription in advance should present it as the price for a year or half a year and not that it is the price for paying in advance. A newspaper which uses the money for investments should offer the subscriptions with a heter iska.<ref>Malveh Hashem 1:9:40</ref> | ||
==Transactions Established with Interest== | |||
#If someone set up a transaction with interest, such as a sale with a later paying that included interest, the sale is valid in a way that doesn't require the payment of interest. This only applies if they did a formal kinyan. if there was no kinyan and it was only establish verbally then it is voided if it includes interest.<reF>Shulchan Aruch Y.D. 175:8. Rosh Bava Metsia 5:19 quotes Rav Hai Goan to say that if one made a sale with ribbit the sale is valid; just one doesn't have to pay the ribbit. | |||
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==Sources== | ==Sources== | ||
<references/> | <references/> | ||
[[Category:Ribbit]] | [[Category:Ribbit]] | ||
