Exam (elaborations)
AFSB 151 - Principles of Suretyship, Terms Questions and Answers
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AFSB 151 - Principles of Suretyship, Terms Questions and Answers Surety bond - ANS ️️ A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Principal - ANS ️️ The party to a surety bond whose obligation or performance t...
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