Warning

Info

LSDefine

Simple English definitions for legal terms

white bonnet

Read a random definition: denuntiatio

A quick definition of white bonnet:

White Bonnet: In Scots law, a white bonnet is a made-up person who pretends to be a bidder at an auction to drive up the price of an item. This is also known as a shill.

A more thorough explanation:

Definition: In Scots law, a white bonnet refers to a fictitious bidder at an auction who is employed by the seller to drive up the price of the item being sold. This person is also known as a shill.

  • During the auction, the auctioneer noticed that the bids were not going as high as he had hoped. He then called upon the white bonnet to place a bid, which caused other bidders to increase their offers.
  • It is illegal to use a white bonnet in an auction as it is considered a form of fraud.

These examples illustrate how a white bonnet is used to manipulate the bidding process at an auction. By pretending to be a genuine bidder, the white bonnet can create the illusion of competition and drive up the price of the item being sold. This can result in the seller receiving a higher price for their item, but it is considered unethical and illegal.

whisper stock | white book

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
LSD+ is ad-free, with DMs, discounts, case briefs & more.