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Supplier Secures a Bonding Company to Guarantee That the Supplier

Question 15

Multiple Choice

supplier secures a bonding company to guarantee that the supplier will enter into a contract if they are awarded the contract. A ____ bond enlists a ______ party into the transaction.


A) government / second
B) municipal / third
C) savings / governmental
D) bid / another
E) bid / third

Correct Answer:

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