Q.

A placed a bet of P10,000.00 that San Beda would win the NCAA basketball championship. B accepted the bet. But B refused to pay after SBC won. Is B correct?

A. Yes, because of the principle of mutuality of contracts;
B. Yes, because of the principle of liberty of contracts;
C. No, because the law prohibits betting in basketball even if it is not a game of chance;
D. Yes, because basketball is a game of skill and not of chance.
Answer» C. No, because the law prohibits betting in basketball even if it is not a game of chance;
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