Saturday, May 21, 2011

Wager

Wager means a contract in which two parties agree that if an uncertain event generally the outcome of a game, occurs, one will pay the other a certain sum of money.  Such contracts are generally declared void as against public policy, and not only cannot be enforced by action, but in many jurisdictions, if the wager is paid, the money can be recovered, and the defense of in part delicto is unavailable

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