What would you like to do?
It means that a bonding agency would be willing to carry a bond to guarantee your behavior. Typically, if you have been pretty honest and don't have any felony convictions or bankruptcy, you'll be bondable. What is being asked here is essentially whether or not you will pass the background check. If you are free of criminal activity in your past, you will be bonded to the company, so that in the event you steal or commit fraud against them, the company is covered for the losses you have incurred. Answer It is asking if you are eligible for a Bond, often called a Fidelity Bond. It is an assurance that you are free from criminal activity and that the comapny will not incur loss if you do come to work for them and steal or commit a fraudulent act while employed.
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Answer It's like insurance. You would know if you weren't bondable. You wouldn't be bondable if you had gotten into big trouble for stealing or something like t…hat. That question is usually asked for jobs that require you to handle money and possibly valuable merchandise. Answer Bonding is frequently called ""reverse insurance". Insurance is intended to pay someone for damages by an event that, may or may not have any fault, but is essentially expected to possibly happen, (like a house fire). An insurance company expects to pay some losses - the risk of that loss, to the degree that it is more than the fee/premium charged, is shifted from the insured to the insurance company. Bonding on the other hand, is a way to assure payment (or performance of something) for an event that really should never happen. If payment/performance under a bond must occur, the Bonding Company will try and get paid by the one it bonded. It never agreed there should be or to accept any loss. Hence, along with a fee the company normally gets security/liens/mortgage that it feels is adequate to reimburse it for any amounts it pays. Bonds come in many, frequently specific & independent forms. For example, it is common that a building contractor will have to provide 3 different bonds in many jobs: Bidding, Performance, & Payment. The bid bond assures that if he bids to do a job - wins the bid - and then doesn't agree to to the job as bid, the one who was requesting the bid (and now has to go through the time and expense of redoing it all) gets compensated. The contractor may also have to provide a Performance bond, which basically means if he fails to complete the contract, (walks off the job, etc., ) and the buyer needs to get someone else to do it, there is compensation in the bond amount. This bond may even cover the warrenty period, so there is a way to assure the contractors 10 year guarantee, if say, he's gone then. (Sometimes, instead of paying, the Bonding Company will/must actually step in and hire another contractor to perform). There may be a bond required to assure that payments made to the general Contractor that should be paid to the sub contractors , suppliers or employees, are actually paid to those people. (If the contractor fails to pay a supplier/worker, those people actually have a lien against your property until they are paid, even if you paid the contractor). Hence, a bond is essentially that a large, capable organization (generally an insurance company), agrees that those taking on a responsibility are actually responsible, or the bonding Company will perform in its behalf or compensate....and then get renumeration from the one causing the problem. In most job situations, it means you are considered responsible to be trusted with money, (under what would be expected to be controlled guidelines of your employer). Just being able to be bonded for something, indicating another presumably large/reputable company will stand behind you, is a sign of quality and integrity.
Bondable means you do not have a criminal record, so when asked: "are you bondable?" and you have a clean record, answer "yes." You can also get around this if you…'ve been pardoned for your offense. So you're also bondable if you went through the pardon process and had your record sealed. See related link below:
If a job application says you must be bondable do you have to go get bonded and if so where do you go in Michigan?
Answer The company will take care of the bonding process, including paying the premium. That statement on the application is just a hint that if you have any fel…ony convictions, or a long record of misdemeanors, you are wasting your time filling out the form.
Answer Many occupations require that a person receive a "bond", which is little more than an insurance policy that pays customers if you turn out to be a thief o…r otherwise steal from them or fail to perform as required. If you are bondable it usually means that you have a clean police record and reasonable credit. Bonding institutions want to minimize their risk before accepting you as a client.
Am I Bondable Most likely. A bond is something that you pay for and gives confidence to a purchaser of your services that you most likely have integrity an…d will take care honestly of any problems that may arise. Some bonds are demanded by a court to protect assets that a guardian may be holding for a minor and of course some bonds ensure that a criminal will show for their court date or the collateral in the bond will be collected. Call your Clerk of Court to ask for particulars.
Bondable usually means that an individual has no criminal record. Some companies also include credit history in the definition of bondable individuals.
When you are asked on an application are you bondable "means a person is deemed worthy of bond or insurance coverage. The insurer provides coverage for an owner-operator o…r a company employee if the insurer finds that party worthy of coverage" So essentially you have not committed theft or a crime equal to that or have a poor credit rating.
It is never a good idea to lie on a job application. If you are applying for a position that requires you to be bonded, it will become apparent that you are not during the… application and hiring process.
You can be insured to handle cash and valuables A bondable employee is someone who can be insured to handle cash and other valuables. Employers need to …get insurance for loss or theft of goods. People with criminal convictions, especially theft and fraud, are usually not bondable.
This has nothing to do with atheism, however if you apply for a job then you are the applicant.
What does job site or job location means on a application
It means to use the keypad on a computer!!
DIYer stands for Do-It-Yourself-er which means someone who create, alter or repair something without the help of professionals.
i am very fat how about you
Meaning you have to have a clean criminal background so you can be bonded which is a requirement of the job.
Hi! I have gotten this on my application once too (I work as an English teacher:)! It probably means that you are explicatoriable and may be extranoversed. If you are hyperlad…ing as a doctor, for example, it is highly umprobalistic that you may be besnegominashimiomed! I hope I answered your question! ;)