Question

In: Accounting

____ provide(s) protection against the failure of a contractor to fulfill contractual obligations. Fidelity bonds Key...

____ provide(s) protection against the failure of a contractor to fulfill contractual obligations.

Fidelity bonds

Key person insurance

Surety bonds

Business insurance

Solutions

Expert Solution

Solution:

Surety bonds provide(s) protection against the failure of a contractor to fulfill contractual obligations.

Hence 3rd option is correct.


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