A contract that is acknowledged before the law court is referred to as

Commerce

JAMB 2013

A. informal contract
B. formal contract
C. contract of records
D. specialty contract

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Correct Answer: Option C

Explanation

A contract of record is one which has been declared and adjudicated by a court having jurisdiction, or which is entered of record in obedience to, or in carrying out, the judgments of a court.

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A contract that is acknowledged before the law court is referred to as

Correct Answer: Option C

Explanation

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