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A surety bond agreement guarantees an act’s performance, payment, or compliance. Surety bonds are required as a form of protection by regulatory departments, government agencies, federal courts, and general contractors. It consists of a three-party agreement: An obligee-The party who requires and often benefits from the surety bond The Principal buys the bond and undertakes…

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If you run a business it’s important to have a business lawyer that you can contact with any problems that you have. There are many different legal specialties, and business lawyers focus on the operations of businesses. Let’s take a closer look at the importance of a business lawyer. Video Source One of the main…