The Business of Making Money with Horses

LESSON TWO

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LESSON 2

 

 

1. All businesses involve and .

 

2. What is the definition of "potential"?

 

 

3.  What information does a catalog provide to a buyer?

 

4. Why must you always construct a catalog page for a horse in which you are interested in purchasing with the idea of making money?

 

 

5.  List three reasons why it's better to purchase a horse through a sale.

 

 

6. What is a "select" sale?

 

7. For the best profit margin it's best to buy at sales and sell privately.

    True

    False

Explain answer:

 

 

8. Describe how you would prepare to attend a horse sale with the expectations of purchasing a horse to resell for profit.

 

 

9. A foal is always "by" the mare and "out" of the stallion.

True

False

Explain answer:

 

10. The female line is always at the ___________ of each generation.

 

11. What does "black type" signify?

 

12.  Two colts are by the same sire but out of different mares - are they half-brothers?

Yes

No

Explain answer:

 

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