Alternate contrac - Study guides, Class notes & Summaries
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FCCM Pre-Test Questions Qs & As!!
- Exam (elaborations) • 2 pages • 2024
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FCCM Pre-Test Questions Qs & As!!
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AFSB 151 Study Guide With Correct Answers
- Exam (elaborations) • 45 pages • 2023
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Anthony is the surety producer for Coyle Construction (CC). CC has a pre-set annual surety credit line of $5 million/$30 million. About 3 months into the fiscal year, the contractor is bidding on an $8 million job and needs a bid bond. Which one of the following correctly describes Anthony's responsibility as the surety producer? 
Select one: 
A. Anthony should arrange a back-up surety with adequate capacity because CC appears to be outgrowing the capacity of the current surety. 
B. Anthony sho...
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