Bảo hiểm & Quyền cầm giữCâu 1541 / 1605
Which of the following parties is typically the OBLIGEE on a contractor's performance bond for a private project?
a.The subcontractor
b.The material supplier
c.The surety company
d.The project owner
Giải thích
On a performance bond, the obligee is the party protected by the guarantee of completion — typically the project owner. The contractor is the principal and the bonding company is the surety. Subs and suppliers are protected instead by the payment bond.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)