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Home > Blog > Gayda and Associates Blog: contract
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Gayda and Associates Blog: contract

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Tuesday, January 25, 2022

What are Surety Bonds?

If you own a construction, shipping or similar type of business in which you contract out your services, you may find that your clients or the law require that you buy a surety bond before business can proceed. The purpose of this bond is to ensure that the contract is completed even if the contractor (because of bankruptcy or for some other reason) defaults. READ MORE >>
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