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The nature of a wagering agreement was explained in the case of:

Carlill v Carbolic Smoke Ball Co discussed the nature of a wagering agreement when the company argued that its advertised reward was a wager. A wager involves an uncertain…

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The nature of a wagering agreement was explained in the case of:

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Carlill v Carbolic Smoke Ball Co discussed the nature of a wagering agreement when the company argued that its advertised reward was a wager. A wager involves an uncertain event under which each party can win or lose, with the stake as their relevant interest. The reward arrangement was not a wager; the other named cases chiefly concern a minor’s contractual capacity, deceit and counter-offers.

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