Connection lost
Server error
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - without reserve
Justice is truth in action.
✨ Enjoy an ad-free experience with LSD+
Definition of without reserve
Definition: Without reserve means that an item will be sold to the highest bidder at an auction, with no minimum price set.
Example 1: The painting will be sold without reserve, so it could go for a very high price.
Example 2: The antique car was sold without reserve, and ended up selling for much more than anyone expected.
These examples illustrate how an item sold without reserve can potentially sell for a very high price, as there is no minimum price set and bidders are free to bid as high as they want.
The life of the law has not been logic; it has been experience.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
Without reserve means that an item will be sold to the person who offers the highest amount of money at an auction. It's like a game where people bid on something they want, and the person who bids the most gets to take it home. There are no limits or restrictions on how much someone can bid, so it's important to have enough money if you really want to win!
Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
✨ Enjoy an ad-free experience with LSD+