Price (profit)
A prize as a prize can be received after a lottery , bet or game or because of an award .
Prize after winning bet or drawing of lots
A prize is a prize money or pecuniary benefits (e.g. services ) that is issued or at least promised on the basis of a bet due to a coincidence or a service provided. The price is determined by the conclusion of a contract; it is usually fixed in advance. The time of handover is often specified in a clause .
Often prizes are given out in successful competitions , quizzes , sweepstakes or games of chance . Sometimes a wager is required for a price, e.g. B. the lottery . The person who receives the award is known as the "winner".
Profits based on a promise to win are enforceable according to § 661a BGB ; The non-distribution of the prize is determined in accordance with § § 241 ff. BGB, provided that the game or the prize is not immoral .
Award based on an award
After an award, the awardees can use a badge (e.g. Order of Merit of the Federal Republic of Germany ), a medal , a trophy, a certificate or other item (e.g. film prizes such as the Oscar , sporting awards such as medals, trophies , Awards, etc.). Usually such prizes are awarded by a community, e.g. B. a committee or a jury . The price is based on a performance, not a coincidence. As a rule, there are no contractual obligations.
A prize can be linked to prize money, which is also called “endowment”. The honored person is known as the “award winner”.
State prizes are mostly handed out by an official , the lender is often not (no longer) identical with the founder. Thus, Alfred Nobel , who the Nobel Prize donated, long dead.
