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  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 1
  4. Exam
    Exam 37: Secured Transactions and Suretyship
  5. Question
    A Bond, Which Guarantees the Performance of the Terms of a Contract
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A Bond, Which Guarantees the Performance of the Terms of a Contract

Question 37

Question 37

Multiple Choice

A bond, which guarantees the performance of the terms of a contract, is a(n) :


A) judicial bond.
B) performance bond.
C) fidelity bond.
D) official bond.

Correct Answer:

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