Multiple choice

An agreement by way of wager under Section 30 of the Indian Contract Act, 1872 is

  1. void

  2. voidable

  3. valid

  4. Illegal

  5. None of these

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A Correct answer
Explanation

Option (1) is correct: Under Section 30 of the Act, agreements by way of wager are void. Option (2) is incorrect: It is not voidable, but void from the beginning. Option (3) is incorrect: It is not a valid agreement.