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Term Of The Hour

bond assignment FAQs: Original post by Kit Tunstall of Demand Media A surety bond is a contract between three parties. The first two parties, the client and contractor, enter into an agreement for the contractor to provide a service for the client. The third party in the contract is the bond issuing company. The surety bond issuer guarantees the job will be completed under the terms to which the contractor agreed. The…

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