0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

'A' agrees to pay Rs.5,000 to 'B' if it rains, and 'B; promises to pay a like amount to 'A' if it does not rain, this agreement is called ____________.

A
quasi contract
B
contingent contract
C
voidable contract.
D
wagering agreement
Solution
Verified by Toppr

Correct option is C. wagering agreement

Was this answer helpful?
1
Similar Questions
Q1
'A' agrees to pay Rs.5,000 to 'B' if it rains, and 'B; promises to pay a like amount to 'A' if it does not rain, this agreement is called ____________.
View Solution
Q2
'A' agrees to pay Rs.5,000 and 'B' if it rains and 'B' promises to pay a like amount to 'A' if it does not rain, this agreement is called _____________.
View Solution
Q3
A and B bet as to it whether would rain on a particular day or not - A promising to pay Rs.100 to B if it rained, and B promising an equal amount to A, if it did not. This is an example of __________.
View Solution
Q4
X promises to pay Y a reasonable amount if he paints his house according to his satisfaction. This agreement is not enforceable because of _________.
View Solution
Q5
A agrees to pay Rs. 1,00,000 to B, if he procures an employment for A in Income Tax Department. This agreement is______.
View Solution