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LSDefine

Simple English definitions for legal terms

market overt

Read a random definition: formula deal

A quick definition of market overt:

Market overt is a place where people buy and sell things. It can be a physical place like a farmers' market or a virtual place like an online store. In market overt, buyers can get good title to products even if the seller has defects in their title. This means that buyers can legally own the products they buy.

A more thorough explanation:

Market overt is a legally regulated public market where buyers can acquire good title to products regardless of any defects in the seller's title. This means that if you buy something at a market overt, you own it even if the seller didn't have the right to sell it.

For example, if you buy a watch at a market overt and later find out that it was stolen, you still own the watch and the original owner cannot take it back from you.

Another example is if you buy a car at a market overt and later find out that there is a lien on it, you still own the car and the lien holder cannot repossess it from you.

Market overt is different from a private sale, where the buyer has to make sure that the seller has the right to sell the product before buying it.

market-out clause | market-participant doctrine

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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