Exam (elaborations)
AFSB 151 Understanding Surety Bond Basics Questions With Correct Answers
- Course
- Institution
Surety bond - AAA written contract that expresses one party's promise to answer for another party's failure to do something as promised. Suretyship - AAThe obligation of one entity to answer for the debt, default, or miscarriage of performance of duties by another entity. Performance bond - A...
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