A new Mishna will be discussed until the end of Masechet Bava Batra. It states that:
- when a person lends money with a promissory note, that person can collect that debt from liened property that the borrower had sold to others even before the lien
- when a person produces a document to a debtor in the debtor's handwriting that states that he owes money, but there are no witnesses on the document, the money can be collected only from unsold property.
- when a guarantor signs a promissory note after the note was written, the creditor can collect the money only from the unsold property of the guarantor.
The Gemara explores this Mishna in some detail. It considers how these guidelines protect buyers, and how they might be interpreted to protect buyers even more effectively. They wonder whether a person who misses part of a contract might be responsible for his or her own losses. Each conversation in the Gemara highlights the rabbis' concerns about the rights of all parties. The rabbis consider oral contracts, for example, and their importance in a number of situations.
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