THE ULTIMATE OVERVIEW TO AUTOMOBILE DEALER BONDS: EVERY LITTLE THING YOU REQUIRED TO KNOW



The Effects Of Failing To Meet Performance Bond Commitments

Writer-When a guaranty issues an efficiency bond, it ensures that the principal (the event that buys the bond) will meet their responsibilities under the bond's terms. If the primary stops working to satisfy these commitments and defaults on the bond, the surety is responsible for covering any type of losses or damages that result.1. Loss of credib

read more