What is a 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 agreement to pay a sum of money if another person does not pay it
C)a party's acknowledgement in court that he or she is not liable to pay 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

A recognizance is a legal term that refers to a bond or an agreement by which a person undertakes to do something or pay a sum of money if a certain event occurs. In this case, the answer option B, "a party's agreement to pay a sum of money if another person does not pay it," is the best choice as it reflects the meaning of a recognizance. The other answer options are not relevant or accurate to the definition of recognizance.

What Is a Recognizance