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Surety bonds

10 THINGS TO KNOW ABOUT BONDING
3 mins read
  • Finance

10 THINGS TO KNOW ABOUT BONDING

February 6, 2025March 1, 2025 Renee Nixon0Tagged financial instrument, financial security, Surety bonds

1] The bonds that are used in the industries of construction are known as surety bonds. A surety bond is a financial instrument under which one party promises the other party, that a third party performs his obligation. A surety bond is a different type of contract compared to others. Usually, in a contract, two […]

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