Author Question: A gambling contract is a transaction wherein the parties stand to win or lose based on pure chance. ... (Read 33 times)

altibaby · **on:** Jun 24, 2018

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.