Al's Electric Service is an electric contracting company in Metro City.The owner of the company,Al Richards,posted a bond guaranteeing that all work performed by his company will comply with local building codes.This bond is an example of a

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A license and permit bond is issued to guarantee that a contractor will comply with building codes and regulations. This type of bond ensures that if the contractor fails to follow code or regulation, the bond will pay for any damages or corrective action required. This is the best choice as it specifically relates to the scenario given. The other options (fiduciary, contract, judicial bond) do not align as closely with the situation described.

Al's Electric Service Is an Electric Contracting Company in Metro