Examlex
Which of the following ratios uses the smallest dollar value of assets?
Under Seal
Indicates a document that has been formally executed with a wax or paper seal, signifying its authenticity and importance.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights of those parties.
Recognizance
An obligation in which a party acknowledges in court that he or she will perform some specified act and/or pay a price on failure to do so.
Bail
A thing of value, such as a money bail bond or any other form of property, that is given to the court to allow a person’s temporary release from jail and to ensure his or her appearance in court.
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