Which type of agreement is one in which performance by one party depends on the occurrence of an uncertain event

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22-07-2022
Business

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Which type of agreement is one in which performance by one party depends on the occurrence of an uncertain event

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rafikiedu01 rafikiedu01 · Answer 1 · 2022-07-29T20:18:25+02:00

A gambling agreement is one in which performance by one party depends on the occurrence of an uncertain event.

A gambling contract is a contract to participate in a game of chance. In a gambling contract, the two parties bet something, specifically money, to get a chance to win a prize or amount. Contracts related to legitimate gambling activities are valid only if gambling is legal.

Gambling contracts are also known as gambling contracts. Gambling contracts or transactions are generally illegal and cannot be enforced. Therefore, such a contract is invalid from the beginning. A gambling contract is invalid regardless of the form of the contract and the laws governing or prohibiting it.

Learn more about the contract here: https://brainly.com/question/984979

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