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A surety bond is a written document in which one party guarantees a second party's - Performance 
to a third party for the second party's failure to fulfill an obligation. 
Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the 
United States? - Mu...
Preview 3 out of 20 pages
Add to cartA surety bond is a written document in which one party guarantees a second party's - Performance 
to a third party for the second party's failure to fulfill an obligation. 
Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the 
United States? - Mu...
fidelity bonds - bonds that historically have guaranteed the performance of obligations that do not 
arise from contracts 
performance bonds - a contract bond guaranteeing that a contractor's work will be completed 
according to plans and specifications 
payment bond - a contract bond guaranteeing ...
Preview 2 out of 14 pages
Add to cartfidelity bonds - bonds that historically have guaranteed the performance of obligations that do not 
arise from contracts 
performance bonds - a contract bond guaranteeing that a contractor's work will be completed 
according to plans and specifications 
payment bond - a contract bond guaranteeing ...
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