Question

What is a wagering agreement?

Answer 1

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Agreements entered into between parties under the condition that money is payable by the first party to the second party on the happening of a future uncertain event, and the second party to the first party when the event does not happen, are called Wagering Agreements or Wager. ... Generally wagering agreements are void.

Answer 2

Answer:

Agreement entered into between parties under the condition that money is payable by the first party to the second party on the happening of a future uncertain event, and the second party to the first party when the event does not happen, are called wagering agreements or wager Generally wagering agreements are void.