A court bond, also known as a judicial bond, is a form of surety bond that ensures compliance with a court's orders and protects against potential financial losses from legal proceedings.
A performance bond is a type of contract surety bond that guarantees the performance of contractual obligations by a contractor or service provider. It assures the client that the project or service will be completed as per the agreed-upon standards and terms.
A Permit Bond is a type of surety bond required by a government agency to ensure that businesses or individuals comply with laws and regulations governing a specific activity requiring a permit.
A Position Schedule Bond is a type of fidelity bond that provides financial protection to businesses by covering losses resulting from fraudulent or dishonest acts by specifically named employees.
A surety bond is a legally binding contract involving three parties: the principal, the surety, and the obligee, where the surety agrees to fulfill the obligation if the principal defaults.
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