Karthik is the coach of Sachin a minor, who joined for Hockey coaching. The Fees is 10,000. The Contract is _____ a) Void Agreement b) Contingent Contract c) Quasi Contract d) Wagering Agreement
Answers
wagering agreement
hope it helps
VOID CONTRACT:
A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable.
CONTINGENT CONTRACT:
If two or more parties enter into a contract to do or not do something, if an event which is collateral to the contract does or does not happen, then it is a contingent contract.
QUASI CONTRACT:
The law implies a promise and imposes obligations on one party while conferring rights to the other even when the basic elements of a contract are not present. These promises are not legal contracts, but the Court recognizes them as relations resembling a contract and enforces them like a contract. These promises/ relations are Quasi contracts.
WAGERING AGREEMENT:
Agreements by way of wager are void; and no suit shall be brought for recovering anything alleged to be won on any wager, or entrusted to any person to abide the result of any game or other uncertain event on which any wager is made.
SO THE SOLUTION TO THE ANSWER IS QUASI CONTRACT AS IT IS A MATTER OF COACHING FEE WHICH IS NOT A LEGAL CONTRACT. THEY ARE JUST MADE BY MUTUAL UNDERSTANDING.