Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:a)Thomas must share rupees three lakh with Raja and Hoja equally.b)Thomas must return rupees thousand each to Raja and Hoja.c)Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.d)If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.Correct answer is option 'C'. Can you explain this answer?

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Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.

Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.

Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:

a)
Thomas must share rupees three lakh with Raja and Hoja equally.
b)
Thomas must return rupees thousand each to Raja and Hoja.
c)
Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.
d)
If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.

Correct answer is option 'C'. Can you explain this answer?

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Legal Principle: An agreement entered into by way of a wager/bet is un...

Explanation:

Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.

In India, Section 30 of the Indian Contract Act defines a wager as an agreement in which two parties agree that money or money's worth will be paid to one of them on the happening or non-happening of an uncertain event. Wagering agreements are void ab initio, meaning they are unenforceable and cannot be enforced by either party in a court of law.

Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.

In this situation, Thomas entered into a wager with others to predict the outcome of a cricket match. Raja and Hoja gave him money to enable him to bet with others. Thomas won a large amount of money after betting with others.

Conclusion: According to the legal principle stated above, a wagering agreement is unenforceable in law. Therefore, Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement. Even if Raja and Hoja demand their money back, they cannot sue Thomas in a court of law to recover their share. Hence, option C is the correct answer.

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Legal Principle: An agreement entered into by way of a wager/bet is un...

Correct answer is "c" because the contract is unenforceable for law from the starting so there is no need to share the gain because it is not unenforceable

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Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:a)Thomas must share rupees three lakh with Raja and Hoja equally.b)Thomas must return rupees thousand each to Raja and Hoja.c)Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.d)If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.Correct answer is option 'C'. Can you explain this answer?

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Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:a)Thomas must share rupees three lakh with Raja and Hoja equally.b)Thomas must return rupees thousand each to Raja and Hoja.c)Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.d)If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.Correct answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:a)Thomas must share rupees three lakh with Raja and Hoja equally.b)Thomas must return rupees thousand each to Raja and Hoja.c)Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.d)If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Legal Principle: An agreement entered into by way of a wager/bet is unenforceable in law.Fact Situation: Thomas is very good at predicting outcomes of cricket matches. Raja and Hoja give him rupees thousand each to enable him to bet with others about the outcome of a cricket match. Thomas wins rupees three lakh after betting three thousand rupees.Which of the following statements is the most appropriate in relation to the legal principle stated above? Options:a)Thomas must share rupees three lakh with Raja and Hoja equally.b)Thomas must return rupees thousand each to Raja and Hoja.c)Thomas need not share the three lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.d)If Thomas does not pay them rupees two lakh each, Raja and Hoja can sue him to recover their share.Correct answer is option 'C'. Can you explain this answer?.

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