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Which of the following is/are involved in wagering agreement? 1. An uncertain event 2. Parties have no…

The essentials of a wager under s.30 are an uncertain event, the parties having no control over that event, and no interest beyond the stake itself; all three elements are…

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Which of the following is/are involved in wagering agreement?
1. An uncertain event
2. Parties have no control over the event
3. Except the stake parties have no other interest in the event.

Select one answer
Answer and explanation

Correct answer D

The essentials of a wager under s.30 are an uncertain event, the parties having no control over that event, and no interest beyond the stake itself; all three elements are present, hence "1,2 and 3".

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