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

by
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.