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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Posted By-When a surety problems an efficiency bond, it ensures that the principal (the party who acquires the bond) will satisfy their responsibilities under the bond's terms. If the principal falls short to meet these obligations and defaults on the bond, the guaranty is accountable for covering any kind of losses or damages that result.1. Loss o
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