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Advocates of herdshare arrangements argue that herdsharing is rooted in the common law tradition of agistment. [2] Agistment is "a type of bailment in which a person, for a fee, allows animals to graze on his or her pasture." [3] References to agistment in England can be traced as far back as 1305. [4]
Agistment originally referred specifically to the proceeds of pasturage in the king's forests. To agist is, in English law , to take cattle to graze , in exchange for payment (derived, via Anglo-Norman agister , from the Old French giste , gite , a "lying place").
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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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