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Ankit agrees to pay Bina ₹1500 if it rains today, otherwise Bina pays Ankit ` 2000. Thisis a

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Question:

Ankit agrees to pay Bina ₹1500 if it rains today, otherwise Bina pays Ankit ` 2000. Thisis a

A.

Gambling

B.

Wagering agreement

C.

Valid agreement

D.

Speculation

Answer» b. Wagering agreement

Note: The above multiple-choice question is for all general and Competitive Exams in India.