Application Assignment: Is This Purpose Legal?
The requirement of a valid contract is that it must be made for a legal purpose. Consider the following situation:
You and Tommy made a $100 bet on the outcome of the Super Bowl. After your team won, Tommy refused to pay you the $100.
Based on the information that you have learned in your reading, write a 150-word paper that answers the following questions about the situation described above:
1. Could you legally sue Tommy?
2. Why or why not? Be sure to support your conclusion with facts, definitions, and/or examples.
3. If you have not already done so, clearly explain what constitutes legal and illegal gambling.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.