Exam (elaborations)
AFSB 151 - Principles of Suretyship, Terms Exam Pack And Correct Complete Answers .
- Course
- Institution
Surety bond - Answer A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Principal - Answer The party to a surety bond whose obligation or performance the surety guarantees. Obligee - Answer The party to a surety bond ...
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