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Law

CPT 576 views 1 replies

could ny1 explain me the statement "though wagering contract is void, transactions coincidental to wagering transactions are not void"

Replies (1)

wagering agreement

A and B bet as to whether it would rain on a particular day or not A promising to pay Rs. 100 to B if it rained, and B promising an equal amount to A, if it did not. This agreement is wager.

 

matter coincidental to wagering contract

A borrows Rs. 500 from B to pay to C, to whom B has lost a bet. Contract between A and B is valid.contract between B & C is wagering contract & hence void.But contract between A & B is matter coincidental to awgering contract hence valid

hope u understand


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