Tuesday, December 11, 2007

Price Fraud - Kesuvos 99 - Daf yomi

The Keli Yakar writes that the reason there is no onaah (price fraud) in respect to land is because land stays forever; even if presently, the land is not worth that price, it will eventually go up. This cannot be said in respect to movable property, for who knows if this particular item will be in existence by the time the price rises.

2 comments:

Anonymous said...

What about daimonds?

Or is that a marketing fraud?

Avromi said...

I would assume that diamonds are the same as all movables.