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LSDefine

Simple English definitions for legal terms

grubstake contract

Read a random definition: workfare

A quick definition of grubstake contract:

A grubstake contract is an agreement between two or more parties that creates obligations that can be enforced by law. It can be a written document or a verbal agreement. The term "contract" can refer to the agreement itself or the physical document that contains the terms of the agreement. In simple terms, a contract is a promise that the law recognizes as a duty, and if that promise is broken, there will be consequences.

A more thorough explanation:

A grubstake contract is a type of contract that creates obligations between two or more parties that are enforceable by law. It is a written agreement that sets forth the terms and conditions of the agreement.

For example, a miner may enter into a grubstake contract with an investor. The miner agrees to search for minerals and the investor agrees to provide the necessary funds for the miner to do so. If the miner finds minerals, the investor will receive a portion of the profits.

This type of contract is commonly used in the mining industry, where investors provide funding to miners in exchange for a share of the profits. The contract outlines the responsibilities of each party and the terms of the agreement, including how profits will be divided.

gruarii | grubstaking contract

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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