menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Legal Environment of Business
  4. Exam
    Exam 9: Formation and Requirements of Contracts
  5. Question
    In a Recognizance,a Party Agrees to Pay a Specified Sum
Solved

In a Recognizance,a Party Agrees to Pay a Specified Sum

Question 2

Question 2

True/False

In a recognizance,a party agrees to pay a specified sum of money if another party does not pay it.

Correct Answer:

verifed

Verified

Related Questions

Q1: Yvonne finds a carpenter to do some

Q3: Noelle uses blackmail to force Jeff to

Q4: Which of the following is a necessary

Q5: Which of the following is acceptable consideration

Q6: Which of the following is true of

Q7: The infancy doctrine gives adults the right

Q8: Consideration is defined as something of legal

Q9: Which of the following would likely give

Q11: A(n)_ contract is a contract that has

Q27: An express contract can be stated orally.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines