A[n] ________ arises when a person acknowledges in court that he or she will perform some specified act or will pay a price upon failure to do so.
A) Contract under seal
B) Voidable contract
C) Recognizance
D) Implied-in-fact contract
E) Informal contract

Question

Quizplus · Accepted Answer

Recognizance is a term used in law to describe a bond or obligation of record entered into before a court or magistrate requiring a person to perform a specified act, such as appearing in court, or to pay a penalty for failure to comply.

A[n] ________ Arises When a Person Acknowledges in Court That