Community Magazine May 2013

JUDGE ! BE THE YOU BE THE JUDGE and send your response to YouJudge@CommunityM.com Verdicts – and the accompanying rationale – will be reviewed by the Rosh Bet Din. The first three correct submissions received before the deadline will win a $50 gift certificate to a Community Magazine advertiser! Correct entries will receive honorable mention in the next issue when the Rosh Bet Din’s verdict is printed. Congratulations to Winners: April 2013 - Albert Sutton and Raymond Kairey MULTI MILLION MESS Eddie, an accomplished real estate investor, was approached byDavidwhowished to be included in an upcoming promising real estate investment. Eddie agreed, and David transferred $22 million to Eddie’s corporate account. Shortly afterwards, Eddie had a change of heart, and without informing David, proceeded with the group’s investment without including David. Approximately two weeks later, Eddie stumbled on a unique opportunity for a short-term investment with a profitable return. Eddie exhausted all his personal financial resources, including the $22 million David had sent to him, and made the investment. Within weeks, the short- term investment came to fruition, and Eddie successfully doubled his personal fortune. Thereafter, Eddie approached David and explained to him that he had not included him in his corporate group investment and is refunding him his money. He was further willing to compensate David for the delay in returning his money while it was privately invested. David berated Eddie for his dishonesty, and demanded that the money earned from his $22 million be forwarded to him. Eddie rejected David’s request, explaining that it was his personal business venture and he had merely borrowed David’s money for the deal. In the meantime, the original real estate investment, in which Eddie had originally agreed to include David as a partner, matured, and reaped a modest gain of 10 percent. HOW SHOULD THE BET DIN RULE? SHOULD DAVID BE REFUNDED HIS $22 MILLION WITHOUT ANY EARNINGS? PERHAPS HE IS HE ENTITLED TO A 10 PERCENT RETURN ON HIS MONEY? IS HE ENTITLED TO HIS CLAIM TO DOUBLE HIS MONEY? iyaR - SiVan 5773 may 2013 57