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Indian Contract Act (ICA)1872 Valid and Void Contracts

A “Wagering Contract ‘’ is void under ……… of the Indian Contract Act, 1872.

Section 30

Section 31

Section 32

Section 33

- Option 1: Section 30 - Correct Answer

- Section 30 of the Indian Contract Act, 1872, declares wagering contracts as void. Wagering involves agreements dependent on uncertain events.

- Option 2: Section 31

- This section defines contingent contracts, which depend on the occurrence or non-occurrence of an uncertain future event for their performance.

- Option 3: Section 32

- It talks about the enforcement of contingent contracts, specifically when they are contingent upon an event happening.

- Option 4: Section 33

- This section deals with enforcement when the contingent event does not happen.

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