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1. 'Betting' on a cricket match is a---

  • A. wagering contract
  • B. wagering contract
  • C. wagering contract
  • D. wagering contract

Answer: Option A

Explanation:

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 contracts.

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