商业财务第 1147 / 1605 题
A contractor's bond is a form of surety bond. This means:
a.A surety company guarantees payment to claimants, then seeks reimbursement from the contractor
b.Claims paid never have to be repaid by the contractor
c.The bond is a savings account owned by the contractor
d.The bond replaces the need for liability insurance
解析
A surety bond is a three-party agreement: the surety pays valid claims to protect the public, but the contractor (the principal) must reimburse the surety for any amounts paid. Unlike insurance, the contractor ultimately bears the cost of paid claims.
法律依据: Business & Professions Code §7071.6免费刷完整 1605 道题库 — 无需注册。
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