Multiple choice

In a Wrestling 'A' tells 'B' that Wrestler no. I will win. 'B' challenges the statement of 'A'. They bet with each other over the result of the match. This is:

  1. Unlawful agreement

  2. Wagering agreement

  3. Contingent contract

  4. Voidable contract
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A wagering agreement is one where two parties bet on the outcome of an uncertain event, with each agreeing to pay the other a sum of money depending on which view proves correct. Here, A and B are betting on a wrestling match result, which is classic wagering. Under Section 30 of the Indian Contract Act, wagering agreements are void. This differs from contingent contracts (which depend on uncertain events but are not pure bets) and unlawful agreements.

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