MCQOPTIONS
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| 1. |
A borrows from B 500 to bet with C. Can B recover the amount of his loan? |
| A. | Yes, the agreement between them is collateral to a wagering agreement and hence enforceable. |
| B. | Yes, the agreement is not opposed to public policy. |
| C. | No, the agreement is a voidable agreement and can be avoided by A. |
| D. | No, the a greement is wagering agreement and falls under Section 23 and hence void. |
| Answer» E. | |