Jallikattu is an annual festival of bull fighting held in Tamil Nadu. A Company is formed allowing…
The betting agreement is void as a wager. The bettors stake money on an uncertain sporting outcome in the hope of receiving the pooled prize, rather than acquiring an…
Choose your answer
Jallikattu is an annual festival of bull fighting held in Tamil Nadu. A Company is formed allowing individuals to place bets on those who successfully tame a
bull, by purchasing tickets of Rs. 100/- each, with the person successfully placing the bet being entitled to a share of the prize money. The agreement in
question is (pick the correct answer):
Answer and explanation
Correct answer B
The betting agreement is void as a wager. The bettors stake money on an uncertain sporting outcome in the hope of receiving the pooled prize, rather than acquiring an independent interest in the event. Section 30 makes wagers void, and its limited exception for contributions towards certain horse-race prizes does not cover this bull-taming betting scheme.
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