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Evolving from both the Remount Service of the Quartermaster Corps and a general horse-breeding program under the control of the Department of Agriculture, the Remount Service began systematically breeding horses for the United States Cavalry in 1918. It remained in operation until 1948, when all animal-breeding programs returned to Department ...
Agistment originally referred specifically to the proceeds of pasturage in the king's forests in England, but now means either: [2] the contract for taking in and feeding horses or cattle on pasture land, for the consideration of a periodic payment of money; the profit derived from such pasturing.
Where the stables also house a riding school or hireling operation, some operators may also offer a "working livery" (UK) or "partial lease" (US), where the horse owner pays a discounted rate (or no money at all) for their own horse's care in return for the riding school being able to offer the horse to paying customers other than the owner.
Live foal guarantee is a common provision in horse breeding contracts. It is a form of a warranty offered to the mare owner by the stallion owner. Basically, it says that if the mare fails to produce a live foal from the breeding, the stallion owner will breed the same mare again without charging another stud fee. Therefore, the stud fee is ...
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A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
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