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

Question 14

Multiple Choice

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) Implied-in-fact
B) Contract under seal
C) Voidable contract
D) Recognizance
E) Informal contract

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