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The Australian Stud Book, an independent organisation, and the Registrar of Racehorses also submit reports to the Australian Racing Board.In September 2014 the Board announced it would merge with the Australian Stud Book and Racing Information Services Australia to form a new national body to administer thoroughbred racing, to be called Racing Australia.
The National Sale - comprising weanlings, yearling, broodmares and racehorses - is one of three world's most important breeding stock sales and is held each year in late May and June. The all time auction record for Magic Millions was set in 2016 when outstanding broodmare Listen Here (dam of G1 winner Shooting to Win and G2 winner Deep Field ...
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 .
The resulting live foals are not eligible for entry into the Australian Stud Book, but may be registered as racehorses and to permitted to compete in nearly all races on the Australian turf calendar except for several classics, semi-classics and set-weight races. The Australian Stud Book was a founding member of the International Stud Book ...
According to Omotola the bill of sale is "a form of legal mortgage of chattels". Bullen and Leake and Jacobs define a bill of sale as "a document transferring a proprietary interest in personal chattels from one individual (the "grantor") to another (the "grantee"), without possession being delivered to the grantee".
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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