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Grange95's profile
Grange
Grange
Grange
@Grange95

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Grange

@Grange95

Recovering lawyer, Huskers & Packers fan, poker degenerate, scurvy fighter, sarcastic SOB ... Mostly here for the dogs.

West Des Moines, IA
craakker.blogspot.com
Joined April 2009

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    1. Grange‏ @Grange95 9 Apr 2018
      Replying to @CJHoytNews @cjhoyt1 @jesswelman

      The $100 bill is in the register because it was used for a purchase. What if the customer had kept the $100 bill and paid with $70 in small bills or by credit card?

      1 reply 0 retweets 1 like
    2. CJHoytNews‏ @CJHoytNews 9 Apr 2018
      Replying to @Grange95 @jesswelman

      Then it would have been $100 stolen from the register minus the $70 paid. So the owner still would have been out $30. Plus, the individual would have still had the merchandise, so the owner would have been out $50 wholesale or $70 retail. It's still $80 or $100.

      1 reply 0 retweets 0 likes
    3. Grange‏ @Grange95 9 Apr 2018
      Replying to @CJHoytNews @cjhoyt1 @jesswelman

      Why link the two events? You have a theft and a purchase. Does it matter if the customer used the stolen $100 bill or other funds?

      1 reply 0 retweets 0 likes
    4. CJHoytNews‏ @CJHoytNews 9 Apr 2018
      Replying to @Grange95 @jesswelman

      I didn't link them. The question did. If you tell me Person A walked in, took $100 dollars and left. AND Person B walked in and bought $70 worth of goods with his own money. THEN The store would be out $100.

      1 reply 0 retweets 0 likes
    5. Grange‏ @Grange95 9 Apr 2018
      Replying to @CJHoytNews @cjhoyt1 @jesswelman

      Reword that with Person A in both transactions. They are still independent transactions.

      2 replies 0 retweets 1 like
    6. CJHoytNews‏ @CJHoytNews 9 Apr 2018
      Replying to @Grange95 @jesswelman

      Sure, but the second transaction is seemingly dependent on the first. That's the question that's asked... not that the person paid with loose change... or with a credit card. They used the stolen $100 bill.

      1 reply 0 retweets 0 likes
    7. Grange‏ @Grange95 9 Apr 2018
      Replying to @CJHoytNews @cjhoyt1 @jesswelman

      Money is fungible. Once the thief took it, it was the same as any other money he had or payment option available. It’s not the bill had “Property of Joe Store Owner” stamped on it.

      1 reply 0 retweets 0 likes
    8. CJHoytNews‏ @CJHoytNews 9 Apr 2018
      Replying to @Grange95 @jesswelman

      But was it fungible? If the individual had been able to replace that $100 with something else to make the transaction, it would have been fungible. Nothing in the question suggests that.

      1 reply 0 retweets 0 likes
    9. Grange‏ @Grange95 9 Apr 2018
      Replying to @CJHoytNews @cjhoyt1 @jesswelman

      From the perspective of the store owner, money is money; he doesn’t know this bill was in his possession at some point. But—and here’s where I’ve been trying to lead you—what relevance does it being the same bill have to the question of determining loss?

      2 replies 0 retweets 1 like
    10. Jessica Welman‏ @jesswelman 9 Apr 2018
      Replying to @Grange95 @cjhoyt1

      Won't he eventually know the bill was gone when his till comes up off though? He may not know it now but he will eventually.

      2 replies 0 retweets 0 likes
      Grange‏ @Grange95 9 Apr 2018
      Replying to @jesswelman @cjhoyt1

      He’ll know his till is off. My point is simply that whether the thief pays him with the stolen bill, a different $100 bill, other cash, or other payment form doesn’t affect how the owner calculates his loss.

      1:56 PM - 9 Apr 2018
      1 reply 0 retweets 0 likes
        1. Steve Ruddock‏Verified account @SteveRuddock 9 Apr 2018
          Replying to @Grange95 @jesswelman @cjhoyt1

          no matter what, the till is going to be $100 off. Simplest scenario: Starting till = $100. Sales = $70. Closing till = $70

          0 replies 0 retweets 0 likes
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