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Principle If any person enters into wagering or betting agreements such...

This question belongs to Law Indian Contract Act
Indian Contract Act
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Principle: If any person enters into wagering or betting agreements, such agreements would be illegal and cannot be given effect for enforcing obligations.
Fact: Akbar enters into an agreement with Birbal that if he pays Akbar a premium of Rs. 500 per annum and Birbal's house is devastated by fire within one year of entering into the agreement, Akbar shall make good the loss suffered by Birbal.

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Correct Answer: Option A
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