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A stud fee is a price paid by the owner of a female animal, such as a horse or a dog, to the owner of a male animal for the right to breed to it.Service fees can range from a small amount for a local male animal of unknown breeding to several hundred thousand dollars for the right to breed a champion Thoroughbred race horse such as Storm Cat, who has earned stud fees of up to US $500,000.
A stud farm or stud in animal husbandry is an establishment for selective breeding of livestock. The word "stud" comes from the Old English stod meaning "herd of horses, place where horses are kept for breeding". [1] Historically, documentation of the breedings that occur on a stud farm leads to the development of a stud book. Male animals made ...
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.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Incentive Fee Contract (FPIF) is a "type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets the defined performance criteria".
Pet leasing is the practice of leasing a pet, usually a dog, to a customer on a contract basis. [1] The practice is controversial, because some customers believed they were taking out loans to buy a pet when, in fact, they were only leasing an animal that could be repossessed by the lender in the event that payments were not kept up.
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