Manual article review is required for this article
Manual article review is required for this article
Manual article review is required for this article
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Article Author-When a surety concerns an efficiency bond, it assures that the principal (the party who purchases the bond) will certainly meet their commitments under the bond's terms. If the primary stops working to fulfill these responsibilities and defaults on the bond, the surety is accountable for covering any losses or damages that result.1.
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