What is a Private Sale? - Page 2 - The Firing Line Forums

February 15, 2013, 09:36 AM

#26

Tom Servo

Staff

Join Date: September 27, 2008

Location: Foothills of the Appalach

Posts: 7,102

Quote:

While there are transactions that are obviously "private", and other transactions that are obviously "business", there's no "bright line" separating the two - you have to look at the totality of the circumstances.

Correct. More to the point, the definition is vague to the point that it will partially be up to arresting agents and/or a grand jury.

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