The Business of Making Money with Horses
LESSON SEVEN
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LESSON 7
1. What is the conventional approach to standing a stallion?
2. According to the lesson, what attracts most mare owners to a particular stallion?
3. What is the average number of mares, per year, that may be booked to a stallion?
4. After a stallion has foals on the ground, his potential may drop. Why?
5. Define what the word "syndicate" or "syndication" means, as in relationship to horses. (You will have to do some research - please use your own words - do not copy and paste.)
6. When searching for a stallion to syndicate, what is the first thing he must have?
7. True or False? It is up to up to the you (the syndicate manager) to promote the potential of the foals.
True
False
8. It’s not the stallion which makes money; it’s his syndication, based on his _______.
9. List the duties of a general partner.
10. What are the duties of a limited partner?
11. How many breedings to the syndicated stallion does each partner receive per share?
12. In your own words, explain each of the suggested nine articles that may be covered in a basic limited partnership agreement. One or two lines each is sufficient.
13. In addition to the nine suggested articles, what other items may be added? Please list at least three.
14. True or False? It is highly recommended you seek the advice of an attorney familiar with stallion syndication before offering the partnership opportunity to others.
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