Multiple choice

Wagering agreements are void but collateral transactions will be:

  1. void

  2. voidable

  3. valid

  4. valid, at the discretion of court

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Under Indian Contract Act, wagering agreements are void (Section 30). However, collateral transactions connected to the wager are not automatically void - they remain valid. The court has discretion to enforce or not enforce these collateral transactions depending on circumstances. Option D correctly captures this principle.