Which of the following best represents the term 'affidavit'?

The term "affidavit" refers specifically to a sworn written statement of fact. This legal document is made under oath, meaning the person making the statement affirms that the information contained within it is true to the best of their knowledge. Affidavits are often used in legal proceedings where a witness is unable to appear in court, and the statements within can serve as evidence.

In contrast, a verbal agreement made in court is known as an oral contract or testimony, which does not fit the definition of an affidavit since it lacks the written component and sworn affirmation. A document verifying title to property is typically referred to as a title deed or title report, and although it may carry legal weight, it does not meet the criteria of a sworn statement. Lastly, a type of legal contract encompasses a wide variety of agreements, but an affidavit specifically focuses on facts and is not classified as a traditional contract. Therefore, the correct understanding of an affidavit is that it is indeed a sworn written statement of fact.