Wagering Policies - Law Dictionary Search Results
Wagering policies
Matched in: Term Wagering policies
Wages
accurately brings out the concept of wager declared void by s. 30 of the Contract Act. Gambling or wagering contracts were never declared to be illegal by courts in India as being contrary to public policy as
Wager
1845, s. 18: All contracts or agreements, whether by parol or in writing, by way of gaming or wagering, shall be null and void; and no suit shall be brought or maintained in any court of law
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Insurance
has not an 'insurable interest,' or expectation of such interest, as being in the nature of gaming or wagering. (English) The Marine Insurance Act, 1745, which it repeals, made provision much to the same effect, and the … PNR 269; a mere hope of profit is not insurable (ibid.). see also the (English) Assurance Companies (Gambling Policies) Act, 1909, as to marine policies. The interest of the insured must exist (a) marine insurance, at the
Gaming or gambling
obtaining money under false pretences; and by s. 18 wagers are declared to be irrecoverable at law, and wagering contracts void. As to the liability of a bankrupt for gambling or rash and hazardous speculation, see (English) … Act, 1914, s. 157. And as to gambling on loss by maritime perils, see (English) Marine Insurance (Gambling Policies) Act, 1909. See the (English) Betting and Lotteries Act, 1934 (24 & 25 Geo. 5, c. 58), and
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