Examlex
Match the following legislation to a feature of the legislation.
-Digital Millennium Copyright Act
Auction
A sale that is open to the public, during which potential buyers compete for the right to purchase certain items by placing higher and higher bids until the highest bid is reached and the auctioneer accepts on behalf of the seller.
First Customer
The term "first customer" refers to the initial purchaser of a company's product or service, marking a significant milestone for a new business or product launch.
Without Reserve
An auction term indicating that an item is sold to the highest bidder without any minimum price or reserve.
Enforceable Agreement
A contract or agreement that can be legally imposed or upheld by a court of law.
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