Contract act
This query is : Resolved
Aditi Aggarwal
(Querist)
03 May 2014
how are wagering transactions different from specultive transactions?
Nikhil Kaushik
(Expert)
03 May 2014
basic difference. All wagering contracts are speculative in nature. but all speculative transactions are not wagering in nature.
for eg: speculative transactions in stock markets are not void though do involve a degree of wager in it.
for a very detailed analysis, refer this video: https://www.youtube.com/watch?v=h7GA7CcU9Vc
for eg: speculative transactions in stock markets are not void though do involve a degree of wager in it.
for a very detailed analysis, refer this video: https://www.youtube.com/watch?v=h7GA7CcU9Vc
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