Choose the incorrect statement: To constitute a wager, following elements should be present in the agreement:
A) uncertain event
B) each party must pay in a win or lose situation
C) neither party should have any contract over the event
D) there should be a promise to pay money only
Correct Answer:
Verified
Q12: If a contract provides for the payment
Q13: Which of the following case is not
Q14: Under the Contract Act, 1872 a person
Q15: A positive assertion, in a manner not
Q16: A minor can:
A)be an agent
B)be a principal
C)both
D)none
Q18: The Indian Contract Act, 1872 applies to
Q19: A jus in personam means a right
Q20: Which of the following statement is true
A)an
Q21: A contract is made where
A)x agrees with
Q22: A void agreement is one which is
A)valid
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