Grubstake contract

Grubstake contract – in the meaning given by the Contracts & Obligations Law, this term defines a kind of investment contract where the investor grants money and supplies, and the developer invests these in producing a certain product for sale, where the investor shall receive profit from selling this product by the developer towards third parties. It should be precisely agreed who will hold the Title of the item prior to the sale – the investor or the developer.

See also .

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