fair sale

fair sale
A sale conducted with fairness as respects the rights and interests of the parties affected by it. Lalor v M'Carthy, 24 Minn 417, 419. A judicial sale conducted according to law at auction at which all persons have the right to appear and bid. 30A Am 1 Rev ed Jud S § 67.

Ballentine's law dictionary. . 1998.

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