| 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 ` 3 lakh after betting ` 3000. |
| Which of the following statements is the most appropriate in relation to the legal principle? |
A) Thomas must share ` 3 lakh with Raja and Hoja equally.
B) Thomas must return ` 1 thousand each to Raja and Hoja
C) Thomas need not share the ` 3 lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.
D) If Thomas does not pay them ` 2 lakh each. Raja and Hoja can sue him to recover their share.
Correct Answer: C
Solution :
Sol. In the given Fact Situation, Thomas is a good predictor of outcome of cricket matches and due to his talent Raja and Hoja gave him money for betting. The given Legal Principle mentions that an agreement entered into by way of a bet is unenforceable in law. Thus, Thomas need not share ` 3 lakh with Raja and Hoja since it is the outcome of an unenforceable agreement.
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