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Contract Law

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Multiple Choice

Raman entered into a contract with Sohan to pay him a sum of Rs. 3000 if India wins the World Cup, while Sohan to pay Rs. 3000 to Raman if India did not win the World Cup. It is a

  1. contingent contract
  2. wagering contract
  3. goodwill contract
  4. voidable contract
  5. both contingent and wagering contract
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