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Home Questions DQXZDPSDAG
Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:
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?
Options:
The agreement is a wager and it is void.
The agreement is a wager and it is valid.
The agreement is a contingent contract and it is valid.
The agreement is a contingent contract and it is void.
Correct Answer:
The agreement is a wager and it is void.
Explanation:
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.

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