At the start of the football season, Bob and Murray make a bet about the results of

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At the start of the football season, Bob and Murray make a bet about the results of the next Super Bowl.

Adam holds their money. Just as the divisional playoffs are beginning, Bob changes his mind and asks for his money back. Gambling on sports events is illegal in their state. Can Bob be held to the bet?

a. Yes. It would be unconscionable to let Bob back out so late in the season.

b. Yes. No party to the contract is innocent, and thus no party can withdraw.

c. No. If an illegal agreement is still executory, either party can withdraw.

d. No. The only party who can be held to the bet is Murray.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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