Author Question: A recognizance is an agreement by which one party admits or recognizes that a specified sum of money ... (Read 35 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
A recognizance is an agreement by which one party admits or recognizes that a specified sum of money is owed to another party.
  Indicate whether the statement is true or false

Question 2

A contract for an amount greater than 1 million must be made under seal or it is not binding.
  Indicate whether the statement is true or false



Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library