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What Is Recognizance

Question 53

Multiple Choice

What is recognizance?


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

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