Exam (elaborations)
Texas All lines adjuster license chapter 12 Bonds Questions With Verified Answers
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Bonds invoke three parties _____ - Answer The principal, this is the party whi has a duty to perform AKA The obligor The surety, thisnis the party guaranteeing the performance by the principal. The surety is AKA the guarantor. The obligee this is the party reimbursed by the surety if the prin...
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