Which of the following best describes the term "recognizance"?
A)It refers to the conditions of a formal or simple contract that an adult signs with a minor.
B)It refers to the obligations that people enter into before a court to do an act required by law.
C)It refers to the penalties that a party faces if the party fails to honor the obligations of a contract.
D)It refers to negotiable instruments such as checks, notes, drafts, and certificates of deposit.

Question

Quizplus · Accepted Answer

Recognizance is a legal term that refers to a bond or obligation of record entered into before a court or magistrate requiring a person to perform a specific act, such as appearing in court.

Which of the Following Best Describes the Term "Recognizance