A placed a bet of ₱10,000.00 that San Beda would win the NCAA basketball championship. B accepted the bet. But B refused to pay after SBC won. Is B correct?
A) Yes, because of the principle of mutuality of contracts.
B) Yes, because of the principle of liberty of contracts.
C) No, because the law prohibits betting in basketball even if it is not a game of chance.
D) Yes, because basketball is a game of skill and not of chance.
Correct Answer:
Verified
Q12: A obtained ₱50,000.00 from B to be
Q13: In case of contract of deposit, the
Q14: What is the nature of the contract
Q15: When is the hotelkeeper shall be liable
Q16: A lent money to B in the
Q17: In the question above, suppose B failed
Q18: A & B entered into a contract
Q19: To secure the payment of his obligation,
Q20: A obtained a loan from B secured
Q22: A sold his car to B, but
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents