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Machinations In Public Auctions

ART.185.

Acts punished
1. Soliciting any gift or promise as a consideration for refraining from taking
    part in any public auction;
    Elements
    a. There is a public auction;
    b. Offender solicits any gift or a promise from any of the bidders;
    c. Such gift or promise is the consideration for his refraining from taking part
       in that public auction;
    d. Offender has the intent to cause the reduction of the price of the thing auctioned.

2. Attempting to cause bidders to stay away from an auction by threats,
    gifts, promises or any other artifice.
     Elements
     a. There is a public auction;
     b. Offender attempts to cause the bidders to stay away from that public auction;
     c. It is done by threats, gifts, promises or any other artifice;
     d. Offender has the intent to cause the reduction of the price of the thing auctioned.

NOTES:

The crime is consummated by the mere act of soliciting a gift or promise for the purpose of
abstaining from taking part in any public auction.

The threat need not be effective nor the offer or gift accepted for the crime to arise.

Execution sales should be opened to free and full competition in order to secure the
maximum benefit for the debtors.

The crime is consummated by:
   - mere solicitation of gift or promise as consideration for not bidding, or
   - by mere attempt to cause prospective bidders to stay away from an auction

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Bigwas

I'm Bigwas, It is just an Alias. I have a degree in Criminology. I'm a blogger who loves to write about anything that cross my mind. I hope you learn something from my blog.

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