A agrees to give Rs.1000 to B if India wins the match on 24th August. B agrees to pay A the same amount if India does not win the match. Which of the following statement is correct in this regard?
Answer & explanation
Correct answer: option 1
A agrees to give Rs.1000 to B if India wins the match on 24th August. B agrees to pay A the same amount if India does not win the match. The agreement is a wager and it is void.