Recognizance is:

A. An obligation or acknowledgment of a debt in a court of law with a condition that the debt shall be hold valid on the performance of a stipulated undertaking

B. An obligation or acknowledgment of a credit in a court of law with a condition that the credit shall be void on the performance of a stipulated undertaking

C. An obligation or acknowledgment of a debt in a court of law with a condition that the debt shall be void on the performance of a stipulated undertaking

D. None of them

Answer: Option C