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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. 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 ...

  4. Sherwood v. Walker - Wikipedia

    en.wikipedia.org/wiki/Sherwood_v._Walker

    Walker, 66 Mich. 568, 33 N.W. 919 (Mich. 1887), [1] was a case that has played an important role in the evolution of American contract law involving the doctrine of mutual mistake. One of the main issues in the case was whether the remedy of rescission is available if both parties to a contract share a misunderstanding about an essential fact. [2]

  5. 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 ...

  6. 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).

  7. Roscorla v Thomas - Wikipedia

    en.wikipedia.org/wiki/Roscorla_v_Thomas

    An agreement for the purchase of a horse had been completed between buyer and seller. Following the completion of the contract, the seller made a warranty that the horse was "free from vice". Upon delivery, it was discovered by the buyer that the horse was vicious in behaviour. The buyer consequently sued.

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