A gambling contract is a transaction wherein the parties stand to ...

[altibaby]

A gambling contract is a transaction wherein the parties stand to win or lose based on pure chance.
  Indicate whether the statement is true or false

Question 2

The defense of noncompliance may not be raised by:
 A) the parties to the oral contract.
 B) third parties such as an insurance company or the IRS.
 C) a promisor on the original contract.
 D) a promisee on the original contract.

[dajones82]

Answer to Question 1

TRUE

Answer to Question 2

A

[altibaby]

Thanks for the timely response, appreciate it

[adf223]

Excellent