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3 February, 12:34

Juliet has wagered $500, which Lance, as her bookie, is holding, on a prize fight. If, before the fight starts, Juliet wants to take back her money and withdraw from the transaction:

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  1. 3 February, 13:59
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    Juliet cannot sue to recover any money because the contract to wager is illegal and unenforceable.

    Explanation:

    Gambling on prize fights is an illegal activity so Juliet will not be able to sue to recover her money.

    The only option left for Juliet is to use moral suasion to ask the bookie for her money. She can also involve the organisers of the prize fight yo recover her funds.
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Home » Business » Juliet has wagered $500, which Lance, as her bookie, is holding, on a prize fight. If, before the fight starts, Juliet wants to take back her money and withdraw from the transaction:
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