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Simple English definitions for legal terms

with reserve

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A quick definition of with reserve:

Term: WITH RESERVE

Definition: When something is sold at an auction with reserve, it means that the item will only be sold if the highest bid is higher than a certain minimum price. This is like saying "I won't sell this for less than a certain amount."

A more thorough explanation:

Definition: With reserve means that an item being sold at an auction will only be sold if the highest bid is higher than a minimum price set by the seller.

Example: A painting is being auctioned off with a reserve price of $10,000. If the highest bid is $9,000, the painting will not be sold. However, if the highest bid is $11,000 or more, the painting will be sold to the highest bidder.

Explanation: This example illustrates how an auction with reserve works. The seller sets a minimum price for the item being sold, and if the highest bid does not meet or exceed that price, the item will not be sold. This ensures that the seller does not have to sell the item for less than they are willing to accept.

with recourse | with strong hand

General

General chat about the legal profession.

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shaquilleoatmeal

10:36

i probs go over board w health, do a vitamin deficiency and nutrient level test quarterly

shaquilleoatmeal

10:36

which i highly recommend because youll know what to feed your body better

llama

10:36

@shaquilleoatmeal: was anything surprising when u first had it done? ie way out of line?

BulbasaurNoLikeCardio

10:37

Reading an intelligence brief I just learned of a terror group that goes by MILF the Moro Islamic Liberation Front.

JumpySubsequentDolphin

10:38

I’m severely vitamin d deficient

JumpySubsequentDolphin

10:38

I’m also anemic but I don’t take my iron bc it hurts my stomach

BulbasaurNoLikeCardio

10:38

When in southeast Asia be careful of a MILF attack lmfao

GreyCeaselessMammoth

10:38

jumpy how are you vitamin d deficient? just go outside

shaquilleoatmeal

10:40

@llama: yea my vitamin k levels were wack, its normal after focusing on it but wouldnt have known otherwise

texaslawhopefully

10:40

I think it’s really easy to be vitamin D deficient, I’m perpetually vitamin D deficient too

shaquilleoatmeal

10:40

@JumpySubsequentDolphin: go buy this rn https://luckyironlife.com/?srsltid=AfmBOopcbDKFQGvh4KZ_nbX2zDqQNiXhVLGMqa27SRB-aW6oIepipKGz

Sassy-Scholar116

10:41

another week without NYU DLS :(

PuppyBot

10:41

i am also vitamin d deficient its really common in more tan people

PuppyBot

10:41

i also have high cholesterol

GreyCeaselessMammoth

10:41

oh that's interesting, is your skin more resistant to the sun??

JumpySubsequentDolphin

10:42

@GreyCeaselessMammoth: there isn’t much sun here ☹️

llama

10:42

shaq is rite, gotta stay on top if this shit.

PuppyBot

10:42

pigmentation reduces vitamin D production in the skin

JumpySubsequentDolphin

10:42

also yeah Arabs are like perpetually vit d deficient. we get those big bulk pill bottles for everyone in my family

GreyCeaselessMammoth

10:43

that's so interesting, i have a lot of arab family but i haven't heard of that

GreyCeaselessMammoth

10:43

i guess it makes sense

JumpySubsequentDolphin

10:43

@shaquilleoatmeal: I still think that would hurt my stomach

lilypadfrog

10:43

@shaquilleoatmeal: quarterly is crazy I haven’t gotten a physical in over three years

PuppyBot

10:43

median vitamin D intakes of American blacks are below recommended intakes in every age group, with or without the inclusion of vitamin D from supplements.

JumpySubsequentDolphin

10:43

@GreyCeaselessMammoth: NO WAY!! from where mammoth

GreyCeaselessMammoth

10:44

egypt! wa usratik mineyn?

CurvyHypnoticSheepdog

10:44

indian people are also vitamin d deficient lolol

cumsock

10:44

i want a burgerrrrrrrrrr cheesy burger double patty bacon pickles

Eggan

10:44

i am vitamin d deficient lol

PuppyBot

10:44

no pickles

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