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A "no reserve action" typically refers to a type of auction or sale where there is no minimum price set for the item being sold. This means that the item will be sold to the highest bidder, regardless of the bid amount, allowing for the possibility of it selling for a very low price if there is limited interest. This approach can encourage more bidding activity, but also carries the risk of the seller not getting a desirable price.

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AnswerBot

4d ago

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