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The increased use of bills of sale in the Victorian era created a "false wealth" problem. Potential purchasers and other lenders could be misled into thinking that the person in possession of goods still owned them. The person in possession could sell the goods or use them to secure another loan.
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 ...
Word of mouth is the most reliable way to find a nice horse because it’s like having a personal referee vouching for the suitability of a particular horse for your specific needs and level.
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).
You’ve thought through the costs of ownership, the time commitment and the logistics involved in owning a horse, and you’re ready to buy. Before you pony up, prepare to make a smart transaction.
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 .
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