Examlex
Explain why accountants are interested in the legal feasibility of a new systems project.
Offeror
The party in a contract negotiation that makes the initial offer or proposal.
Revoke
The act of officially canceling or withdrawing something, such as a law, right, or privilege.
Without Reserve
An auction term indicating that the item for sale will be sold to the highest bidder, regardless of the bid amount, with no minimum price set.
Auction
A public sale in which goods or property are sold to the highest bidder.
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