A placed a bet of P10,000.00 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.