Surety Bonds (PrsLns)

Which of the following is NOT a type of judicial bond?

Which type of judicial bond guarantees reimbursement to a defendant if it is decided later that an injunction should not have been ordered by the court?

Which type of judicial bond guarantees reimbursement to a defendant if it is decided later that an injunction should not have been ordered by the court?

Which type of judicial bond guarantees reimbursement to a debtor if it is decided later that an attachment should not have been ordered by the court?

Which type of judicial bond guarantees reimbursement to a debtor if it is decided later that an attachment should not have been ordered by the court?

All of the following statements about a surety are true EXCEPT

All of the following statements about a surety are true EXCEPT

Which type of judicial bond pays the bail for a prisoner, so the prisoner can be released from jail pending a court appearance?

Which type of judicial bond pays the bail for a prisoner, so the prisoner can be released from jail pending a court appearance?

The party of a surety bond, who makes a promise and purchases a surety bond from a surety to back up that promise, is called

Of the following, which the best definition of a surety bond?

The party of a surety bond, to whom the principal makes the promise to, is called

Which of the following statements is true?

The party who sells the principal a surety bond in order to guarantee the principal’s promise, is called

The party of a surety bond, who makes a promise and purchases a surety bond from a surety to back up that promise, is called

With a surety bond, if the principal breaks the promise and the obligee collects a reimbursement, it is called

The party of a surety bond, to whom the principal makes the promise to, is called

A business that performs a certain type of work, is required by local or state governments to purchase which type of bond that guarantees that the business will comply with laws, regulations, or ordinances that regulate their activities?

The party who sells the principal a surety bond in order to guarantee the principal’s promise, is called

Which bond guarantees that a contractor will accept a contract after it has been awarded the contract through a competitive bid process?

Which of the following statements is true?

Which bond guarantees that a supplier will supply materials and equipment as stated in the contract?

With a surety bond, if the principal breaks the promise and the obligee collects a reimbursement, it is called

A business that performs a certain type of work, is required by local or state governments to purchase which type of bond that guarantees that the business will comply with laws, regulations, or ordinances that regulate their activities?

Which bond guarantees that a contractor will accept a contract after it has been awarded the contract through a competitive bid process?

Which bond guarantees that a supplier will supply materials and equipment as stated in the contract?

Of the following, which the best definition of a surety bond?

Which of the following is NOT a type of judicial bond?