AIBE Prep › Papers › AIBE XIV — September 2019 › Q.99
← 98 ☰ Paper 100 →
99/100
Q.99
Contract, Specific Relief, Property & NI Act Medium Section in Options
Bare Act Indian Contract Act, 1872 · Section 30

Assertion (A): Collateral transactions to wagering are valid. Reason (R): Only wagering agreements are declared void under section 30 of the Indian Contract Act. Codes:

A : Collateral transactions to wagering are valid. Reason (R): Only wagering agreements are declared void under section 30 of the Indian Contract Act. Codes: (a) (A) is true, but (R) is false.
B (A) is false, but (R) is true.
C Both (A) and (R) are true, but (R) is not correct explanation of (A)
✓ Both (A) and (R) are true, and (R) is correct explanation of (A) Answer
📋

Explanation & Strategy

Click any section to expand · only one open at a time

Wagering agreements are void under S.30 of the Indian Contract Act, but collateral transactions to wagering are valid and enforceable. If A borrows money from B to bet, B can recover the loan even though A used it for wagering. The collateral agreement (loan) stands independently.

  1. 1 Look up the referenced provision in Indian Contract Act, 1872 to verify the answer.
At a Glance
Subject Contract, Specific Relief, Property & NI Act
Difficulty Medium
Act Indian Contract Act, 1872
Section Section 30
Answer (D) Section in Options
Paper AIBE XIV — September 2019
Navigation
← Q.98 ☰ All Questions Q.100 →
🎯 Mock Test
Progress in Paper
Q.99 100 questions

99% through paper

📖 Open Book — Reading Mode Indian Contract Act, 1872