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Which of the following agreements are valid contracts?

Option: 1

Wager on a cricket match


Option: 2

Wager on a horse race


Option: 3

Wager on a boxing match


Option: 4

None of the above


Answers (1)

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Agreement by way of wager are void but wager on a horse race is legal. According to the law of India, all forms of gambling are illegal and punishable. However, that is not the case for betting on horse races.

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