What is recognizance?
A) a sealed document that contains a formal contract whose contents are known to both parties and the referee who supervised its signing
B) a party's acknowledgement in court that he or she will pay a specified sum of money if a certain event occurs
C) a party's acknowledgement in court that he or she is not liable to pay any money if a certain event occurs
D) a sealed document that contains an informal contract whose contents are known only to the parties

Question

Quizplus · Accepted Answer

Recognizance is a legal term that refers to a defendant's promise to the court or a judge that they will fulfill certain obligations or follow certain rules or conditions. This promise may include paying a specified sum of money if certain events occur or taking other actions. Therefore, choice B is the most accurate as it describes a party's acknowledgement in court that they will pay a specified sum of money if certain events occur.

What Is Recognizance