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Simple English definitions for legal terms

open market

Read a random definition: libelant

A quick definition of open market:

An open market is a place where people can buy and sell things freely. It can be a physical place like a farmers' market or an online marketplace. In an open market, prices and availability of products are determined by competition between buyers and sellers. Anyone can participate in an open market, and there are no restrictions on who can buy or sell. It is the opposite of a controlled market where the government or a single entity sets prices and controls the supply of goods.

A more thorough explanation:

An open market is a place where buyers and sellers can trade goods or services freely, without any restrictions. The prices and availability of products are determined by competition between buyers and sellers.

For example, a farmers' market is an open market where farmers can sell their produce directly to consumers. Another example is the stock market, where investors can buy and sell stocks freely.

These examples illustrate the concept of an open market because there are no barriers to entry or exit, and prices are determined by supply and demand. In a farmers' market, farmers can set their own prices based on the quality and quantity of their produce, and consumers can choose which products to buy based on their preferences and budget. In the stock market, investors can buy and sell stocks based on their own analysis and expectations of the market.

open listing | open-meeting law

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darthaifos33
14:36
like**
darthaifos33
14:36
and UPenn for that matter! Would be greatly appreciated
yay pookie! congrats!
14:39
omg this guy on the deposition is screamingggg
darthaifos33
14:39
And congrats!!!!!!<3
14:49
like it's crazy
i've heard great things about UVA! I visited upenn and hated it so much / felt so uncomfy there and the starbucks by campus got robbed while i was there waiting for my tour to start lol
darthaifos33
14:59
@OptimisticOutlier That sounds terrible, I'm sorry you had to experience that lol. Can I ask what made you feel uncomfortable? Like the sketchy vibes of the city or like the camp\us itself etc.?
darthaifos33
14:59
campus
penn is in a nice area
right next to drexel
it was campus itself, honestly i can't explain what it actually is. I felt the same way when I was touring schools for undergrad, pretty much pulled up to upenn and told my mom i knew i didn't like it and didn't need to take the tour lol
would argue with the nice area piece lol i think all of philly is kinda scary, someone pulled a gun on my team while we were down for a football game at upenn and walking around at night
but that said, i'm pretty happy i moved to pa after school and i know lots of people love upenn!
dear god is that sketchy
definetly safer than how its being described
people are absolutely crwzy
yeah yeah will 10000% agree i've had like bad outlier experiences lol
u are the optimistic outlier after all
true!
how do i tell my boss im quitting and need to take off on monday (visiting ND on monday to meet with dean and check the vibes, was gonna put in my 2 weeks regardless
16:00
NEED
16:00
i luv being an art hoe snob
amlaw
16:38
believe it or not i didn’t miss any calls
OvertReconditeSpider
18:03
Lol all of philly is a dumpster fire
OvertReconditeSpider
18:03
Yet i am moving there for law school in 14 days lol
manifestmoreadmissions
18:56
@OptimisticOutlier: congratulations!!!
21:14
I live in that area. It isn't bad at all
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