Examlex
Find all real and complex zeros of
Without Reserve
In an auction context, it refers to the selling of items without any minimum bid requirement, allowing the sale to the highest bidder regardless of the bid amount.
Auctioneer
A person authorized to conduct auctions, responsible for accepting bids and declaring goods sold.
Statute Of Frauds
A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, to prevent fraud and perjuries.
Oral Modification
An agreement to change the terms of a contract using spoken words rather than written documentation.
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