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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.
Horse trading, in its literal sense, is the buying and selling of horses, also called "horse dealing". Due to the difficulties in evaluating the merits of a horse offered for sale, the sale of horses offered great opportunities for dishonesty, leading to use of the term horse trading (or horsetrading ) as a widespread metaphor for complex ...
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.
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).
In July 2012, plaintiff Michael Jester, of Penn Ridge Farms LLC, and Robert Hutt, of Fantasy Lane Thoroughbred Racing Stable LLC, entered into a contract by which Penn Ridge agreed to provide ...
Adam John Forepaugh (born Adam John Forbach; [1] February 28, 1831 – January 22, 1890) was an American horse trader and circus owner. From 1865 through 1890 his circus operated under various names including Forepaugh's Circus, Forepaugh's Gigantic Circus and Menagerie, The Forepaugh Show, 4-PAW Show, The Adam Forepaugh Circus, and Forepaugh & The Wild West.
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