Explain the general terms of a bond contract

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Explain the general terms of a bond contract and how bond prices are quoted in the financial press the deadline the night 10 pm

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Contract bonds are used to guarantee that a contractor will abide by the specifications of a construction contract. A contract surety bond assures a project owner that a contractor will perform the work and pay specified subcontractors, laborers and material suppliers. There are different types of bonds and terminology used is also provided. Harvard style of references.

Reference no: EM131016374

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