A recognizance is an agreement by which one party admits or recognizes that a specified sum of money ...

Author Question: A recognizance is an agreement by which one party admits or recognizes that a specified sum of money ... (Read 38 times)

Awilson837

Hero Member
Posts: 509

on: Jun 24, 2018

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

Reply #1 on: Jun 24, 2018

Answer to Question 1

FALSE

Answer to Question 2

FALSE

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