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Wager definition, something risked or staked on an uncertain event; bet: to place a wager on a soccer match. See more.
WAGERS. A wager is a bet a contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event. 2. The law does not prohibit all wagers. 1 Browne's Rep. 171 Poth. du Jeu, n. 4. 3. To restrain wagers within the bounds of.
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Translation for 'wagering contract' in the free English-Spanish dictionary and many other Spanish translations.
Synonyms for wagered in Free Thesaurus. Antonyms for wagered. 50 synonyms for wager: bet, chance, risk, stake, lay, venture, put on, pledge, gamble, hazard, speculate.
The effect of these words is that a wagering contract is struck with invalidity at the outset, i.e. before the event contemplated by the wager has occurred' (Hill v. William Hill (park lane) Ltd: All ER 452(1949). It is void though not illegal. It confers no rights upon either party. If the loser fails to pay, recovery cannot be enforced by action. The contract Act does not define a wagering.
The Indian Contract Act, 1872 does not define wager or a wagering agreement. It only states that agreements by way of the wager will be void and no action can lie to contracting parties to recover anything or claim performance of the wagering agreements. A wagering agreement has the characteristic of a contingent contract but is not enforceable by Section 30.
Directed by Edwin Sherin. With Jerry Orbach, Chris Noth, S. Epatha Merkerson, Michael Moriarty. A chiropractor accused of being a bookmaker is charged with killing the father of a professional baseball player over his son's gambling debts. However, Stone and Kincade soon suspect during the trial that the son is hiding something.
Software - wager contract template. PowerReuse, All-Business-Documents for Windows, E-store template.
It is like a contract where the terms and conditions as to exact length and obligation cannot be defined as the position will only become clearer as time progresses. The parties do not know the outcome of their agreement. In some ways, it can be viewed as a gambling or contract of wager.
A contract in which participants agree to play a game of chance. For example, if two friends make a bet on who will win the World Series, they have entered a gaming contract and the loser is obliged to pay the winner the agreed-upon amount. However, a gaming contract may not be enforceable in a jurisdiction where gambling is illegal.
Contingent Contracts: Wagering Contract: Meaning: It is a contract to do or not to do something with reference to a collateral event happening or not happening. It is a promise to give money or money’s worth with reference to an uncertain event happening or not happening. Reciprocal promises: It may not contain reciprocal promises. It consists of reciprocal promises. Uncertain event: The.
A wager is a contract by which two or more parties agree that a certain sum of money or other thing shall be paid or delivered to one of them on the happening of an uncertain event or upon the ascertainment of a fact which is in dispute between them.
Get this from a library! The Moral Wager: Evolution and Contract. (Malcolm Murray) -- This book illuminates and sharpens moral theory, by analyzing the evolutionary dynamics of interpersonal relations in a variety of games. We discover that successful players in evolutionary games.
A social agreement are made between friends are made without an intention of being enforceable. Where the contract is of a social nature, the law is assumed that the both parties did not indent their agreement legally binding. The majority of social and domestic agreements are not considered to be serious sufficient to influence the court that the agreement was always intended to be binding at.
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