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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 requirements placed upon horse shows and exhibitions are covered in §1823. §1824 covers the core provisions of the act, [5] prohibiting the "shipping, transporting, moving, delivering, or receiving of any horse which is sore" [6] as well as the actual showing, exhibition, entry into a show, sale, or auction of a sored horse, including ...
Ranchers shot horses to leave more grazing land for other livestock, other horses were captured off the range for human use, and some were rounded up for slaughter. [11] By the end of the 1920s, free-roaming horses mostly lived on United States General Land Office (GLO)-administered lands and National Forest rangelands in 11 Western States. [12]
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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 ...
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