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  2. Stalking horse offer - Wikipedia

    en.wikipedia.org/wiki/Stalking_horse_offer

    A stalking horse offer, agreement, or bid is a bid for a bankrupt firm or its assets that is arranged in advance of an auction to act, in effect, as a reserve bid. [ 1 ] [ 2 ] The intent is to maximize the value of its assets or avoid low bids, as part of (or before) a court auction .

  3. Advance-deposit wagering - Wikipedia

    en.wikipedia.org/wiki/Advance-deposit_wagering

    Advance-deposit wagering (ADW) is a form of gambling on the outcome of horse races in which bettors must fund their account before being allowed to place bets. ADW is often conducted online or by phone. In contrast to ADW, credit shops allow wagers without advance funding; accounts are settled at month-end.

  4. 32 things to consider before getting a horse - AOL

    www.aol.com/32-things-consider-getting-horse...

    The contract should include the terms of the sale and any warranties the seller has agreed to. Within a certain time frame, you may be able to return a horse or swap it for a different one if it ...

  5. Contract of sale - Wikipedia

    en.wikipedia.org/wiki/Contract_of_sale

    In contract law, a contract of sale, sales contract, sales order, or contract for sale [1] is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent).

  6. Consideration in English law - Wikipedia

    en.wikipedia.org/wiki/Consideration_in_English_law

    After the sale, Thomas promised Roscorla that the horse was sound; the horse turned out to be vicious. It was held that Roscorla could not enforce the promise, as the consideration given for entering into the contract to buy the horse had been completed by the time the promise was made; in a sense, the consideration was "used up". [15]

  7. Live foal guarantee - Wikipedia

    en.wikipedia.org/wiki/Live_foal_guarantee

    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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