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    Essentials of Business Law and the Legal Environment Study Set 2
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    Exam 37: Secured Transactions and Suretyship
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    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 41

Question 41

Multiple Choice

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


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

Correct Answer:

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