The Question of Legality in Daily Fantasy Comes Down to

question 5

Multiple Choice

The question of legality in daily fantasy comes down to

• A)whether it is a game of skill or chance. It is usually legal if it is a game of skill.
• B)whether it is a game of skill or chance. It is usually illegal if it is a game of skill.
• C)whether the points system is transparent
• D)how big the bet is.

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Definitions:

Consideration

Something of value exchanged between parties in a contract that is necessary for the agreement to be legally binding, such as money, services, or promises.

UCC

Short for Uniform Commercial Code, it is a set of laws that provide legal framework for commercial transactions in the United States.

Consideration

A key element in contract law that involves something of value exchanged between parties as part of an agreement.

Consideration

a core concept in contract law that involves something of value exchanged between parties, which is necessary for a contract to be legally binding.