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Because it is different in other ways, surety bonding is usually offered through a separate division or department within an insurance company and is governed under a different set of laws from other insurance lines.

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Who controls the past controls the future is this a premise?

i am sure, that the mean of this quotation is "if u remember your past experiences, all mistake and promise with you not repeat again so it is a surety of that your future must be bright


Why did Italians migrate to Australia?

From around the 1800s on, Italians migrated to Australia for a number of reasons. The first major influx of Italian migrants came with the goldrush in Victoria. Hundreds of Italians came to seek their fortune. In fact, the famous Eureka Stockade of 1854 was witnessed and documented by Italian migrant Raffaello Carboni, who called the actions of the soldiers a "foul deed, worthy of devils". When the goldrush died down, many Italians stayed to establish small towns based around agricultural communities in rural Victoria. As the Italian communities built up, businessmen, tradesmen and professionals from Italy joined them. Italy was a rather poor country for almost a century after the birth of the Italian State in 1861. This is why many Italians, especially from the Southern regions that were the poorest ones, left Italy for richer countries (USA, Australia, Germany). By 1896, there were an estimated 1500 Italians living in Victoria alone, while others were attracted to the sugar cane growing areas of northern New South Wales and Queensland. Italian migration continued in the early part of the 20th century as Italians sought to escape the economic hardships of their own country. The 1925 Immigration Act severely limited numbers of Italians after World War I, but they increased once more after World War II. This was due to the huge, ambitious engineering project, the Snowy River Hydro-Electric Scheme, which attracted thousands of immigrant workers from around the world, including Italy. The scheme offered high pay, the freedoms available in Australia and the surety of employment in the post-war period.


Who is Johannes Gutenburg?

Johannes Gutenberg was the inventor of the printing press. This was the machine that allowed books to first be printed. Indeed, it is the forerunner of the modern printing press, which gives us books, magazines, and newspapers.


What was recorded on the twelve tables?

This is the earliest attempt by the Romans to create a CODE OF LAW; it is also the earliest (surviving) piece of literature coming from the Romans. In the midst of a perennial struggle for legal and social protection and civil rights between the privileged class (patricians) and the common people (plebeians) a commission of ten men (Decemviri) was appointed (ca. 455 B.C.) to draw up a code of law which would be binding on both parties and which the magistrates (the 2 consuls) would have to enforce impartially.The commission produced enough statutes (most of them were already `customary law' anyway) to fill TEN TABLETS, but this attempt seems not to have been entirely satisfactory--especially to the plebeians. A second commission of ten was therefore appointed (450 B.C.) and two additional tablets were drawn up. The originals, said to have been inscribed on bronze, were probably destroyed when the Gauls sacked and burned Rome in the invasion of 387 B.C.The Twelve Tables give the student of Roman culture a chance to look into the workings of a society which is still quite agrarian in outlook and operations, and in which the main bonds which hold the society together and allow it to operate are: the clan (genos, gens), patronage (patron/client), and the inherent (and inherited) right of the patricians to leadership (in war, religion, law, and government).TABLE IProcedure: for courts and trialsTABLE IITrials, continued.TABLE IIIDebtTABLE IVRights of fathers (paterfamilias) over the familyTABLE VLegal guardianship and inheritance lawsTABLE VIAcquisition and possessionTABLE VIILand rightsTABLE VIIITorts and delicts (Laws of injury)TABLE IXPublic lawTABLE XSacred lawTABLE XISupplement ITABLE XIISupplement III.1"If he (plaintiff) summon him (defendant) into court, he shall go. If he does not go, (plaintiff) shall call witnesses. Then only he shall take him by force. If he refuses or flees, he (plaintiff) shall lay hands on him. If disease or age is an impediment, he shall grant him a team (of oxen). He shall not spread with cushions the covered carriage if he does not wish to.II.3Whoever is in need of evidence, he shall go on every third day to call out loud before the doorway of the witness."III. 1"When a debt has been acknowledged or a judgment has been pronounced in court, 30 days must be the legitimate grace period. Thereafter, arrest of the debtor may be made by the laying on of hands. Bring him into court. If he does not satisfy the judgment (or no one in court offers himself as surety on his behalf) the creditor may take the debtor with him. He may bind him either in stocks or fetters, with a weight of no less than 15 lbs. (or more if he desires)." [After 60 days in custody, the case is returned to the court, and if the debt is not then paid, the debtor can be sold abroad as a slave, or put to death.]IV. 1 "A dreadfully deformed child shall be killed."IV. 2 "If a father surrender his son for sale three times, the son shall be free."V. 1 "Our ancestors saw fit that "females, by reason of levity of disposition, shall remain in guardianship, even when they have attained their majority."V. 7 A spendthrift is forbidden to exercise administration over his own goods.V. 8 The inheritance of a Roman citizen-freedman is made over to his patron, if the freedman has died intestate and has no natural successor.VI. 1 When a party shall make bond or conveyance, what he has named by word-of-mouth that shall hold good.VI. 2 Marriage by `usage' (usus): If a man and woman live together continuously for a year, they are considered to be married; the woman legally is treated as the man's daughter.VIII. 1 "If any person has sung or composed against another person a SONG (carmen) such as was causing slander or insult.... he shall be clubbed to death."VIII. 2 "If a person has maimed another's limb, let there be retaliation in kind, unless he agrees to make compensation with him." (Lex talionis)VIII. 21 "If a patron shall defraud his client, he must be solemnly forfeited (`killed')."VIII. 23 "Whoever is convicted of speaking false witness shall be flung from the Tarpeian Rock."VIII. 26 "No person shall hold meetings in the City at night."IX. 3 "The penalty shall be capital punishment for a judge or arbiter legally appointed who has been found guilty of receiving a bribe for giving a decision."IX. 6 "Putting to death... of any man who has not been convicted, whosoever he might be, is forbidden."X. 4 "Women must not tear cheeks or hold chorus of `Alas!' on account of a funeral."X. 6a "Anointing by slaves is abolished, and every kind of drinking bout....there shall be no costly sprinking, no long garlands, no incense boxes."XI. 1 "Marriage shall not take place between a patrician and a plebeian."XII. 5 "Whatever the People has last ordained shall be held as binding by law."? "There are eight kinds of punishment: fine, fetters, flogging, retaliation in kind, civil disgrace, banishment, slavery, death."


How many years were the Hebrew children slaves in Egypt?

The Israelites lived in Egypt for a total of 430 years:-Exo 12:40Now the sojourning of the children of Israel, who dwelt in Egypt, was four hundred and thirty years.Exo 12:41 And it came to pass at the endof the four hundred and thirty years, even the selfsame day it came to pass, that all the hosts of the LORD went out from the land of Egypt.Exo 12:42 It [ie Passover]is a night to be much observed unto the LORD for bringing them out from the land of Egypt: this is that night of the LORD to be observed of all the children of Israel in their generations.Exo 12:43 And the LORD said unto Moses and Aaron, This is the ordinance of the passover:The Israelites were enslaved ("afflicted") 400 years:-Gen 15:13And he [God] said unto Abram, Know of a surety that thy seed [descendants of his son Israel, ie Israelites] shall be a stranger in a land that is not theirs, and shall serve them; and they shall afflict them four hundred years;Gen 15:14 And also that nation, whom they shall serve, will I judge: and afterward shall they come out with great substance.This means that for the first 30 years the Israelites were treated well, but not for the remaining 400 years.To get a brief account of events , read the summary in Acts chapter 7 : ( the entire account is basically from Genesis 15 to Exodus 15, so Acts is much shorter ).(1). God prophesied that the then-childless Abraham's grandchildren and their descendants would be enslaved and oppressed for 400 years (verse 6).(2). One pharoah showed favour to Joseph by making him Prime Minister of Egypt (verse 10).(3). The Israelites grew in population (verse 17) .(4). Another pharoah "arose who did not know Joseph" after Joseph died (verse 18; Exodus 1:8) This pharoah did not know Joseph personally: it does not mean that he did not know of Joseph at all, let alone his greatness and achievements, because he died at 110 (Genesis 50:26) and was embalmed. (You don't embalm someone you don't know of).(5). Joseph died at 110, and he was about 40 when he was elevated to power and brought his father and brothers to Egypt, so he died about 70 years after the start of the sojourn in Egypt.(6). It helped to understand things when it was discovered by scholars and historians that Joseph was made Prime Minister by one of the non-Egyptian Hyskos pharoahs, who were hated by the Egyptians and later thrown out of Egypt by force. Joseph reminded this pharoah of Egypt's subjugation and humiliation by the Hyskos foreigners, and this pharoah did not want to know this Hyskos-appointed Joseph.(7). Moses was born 80 years before the end of the slavery of the Israelites (verse 20, 23, 30, 36.)Act 7:1 Then the high priest said, Then do you so hold these things?Act 7:2 And he [Stephen] said, Men, brothers, and fathers, listen: The God of glory appeared to our father Abraham when he was in Mesopotamia, before he lived in Haran.Act 7:3 And He said to him, "Go out from your land and from your kindred, and come into a land which I shall show you."Act 7:4 Then he came out of the land of the Chaldeans and lived in Haran. And from there, when his father was dead, he moved into this land in which you now dwell.Act 7:5 And He gave him no inheritance in it, no, not even a foot-breadth. And He promised that He would give it to him for a possession, and to his seed after him, there being no child to him.Act 7:6 And God spoke in this way, that his[Abraham's] seed [ descendants of his grandson Israel, ie Israelites] would be a tenant in another land, and that they [ie that other land] would enslave it [ie the future nation of Israel] and oppress it four hundred years.Act 7:7 And God said, "I will judge the nation to whom they shall be in bondage," and "after these things they will come out and will serve Me in this place."Act 7:8 And He gave him the covenant of circumcision. And so Abraham fathered Isaac and circumcised him the eighth day. And Isaac fathered Jacob, and Jacob the twelve patriarchs.Act 7:9 And being jealous of Joseph, the patriarchs sold Joseph into Egypt. But God was with him[Joseph]Act 7:10 and plucked him out from all his afflictions, and He gave him favor and wisdom over against Pharaoh king of Egypt. And he [pharoah] appointed him[Joseph] governor over Egypt and all his household.Act 7:11 But a famine came over all the land of Egypt and Canaan, and a great affliction. And our fathers found no food.Act 7:12 But hearing grain was in Egypt, Jacob sent out our fathers first.Act 7:13 And at the second time Joseph was made known to his brothers, and Joseph's race was made known to Pharaoh.Act 7:14 And seeing, Joseph called his father Jacob, and all his kindred, seventy-five souls.Act 7:15 And Jacob went down into Egypt and died, he and our fathers,Act 7:16 and were carried over into Shechem. And they were laid in the tomb that Abraham bought for a price of silver from the sons of Emmor the father of Shechem.Act 7:17 But as the time was drawing near, of the promise which God had sworn to Abraham, the people grew and multiplied in Egypt,Act 7:18 until another king arose who did not know Joseph.Act 7:19 Dealing subtly with our race, this one oppressed our fathers, causing their infants to be exposed, so as not to be left alive.Act 7:20 In this time Moses was born, and was beautiful to God, who was brought up three months in his father's house.Act 7:21 And he being cast out, Pharaoh's daughter took him up and reared him for a son to her.Act 7:22 And Moses was learned in all the wisdom of the Egyptians and was mighty in words and in deeds.Act 7:23 And when a period of forty years was fulfilled to him, it arose in his heart to look upon his brothers, the sons of Israel.Act 7:24 And seeing one being wronged, he defended him. and avenged him who was oppressed and struck the Egyptian.Act 7:25 For he thought his brothers would understand that God would give them deliverance by his hand. But they did not understand.Act 7:26 And the next day he appeared to them while fighting. And he urged them to peace, saying, Men, you are brothers, why do you wrong one another?Act 7:27 But he who wronged his neighbor thrust him away, saying, Who made you a ruler and a judge over us?Act 7:28 Will you not kill me as you did the Egyptian yesterday?Act 7:29 And Moses fled at this word, and became a temporary resident in the land of Midian, where he fathered two sons.Act 7:30 And forty years being fulfilled to him, the Angel of the Lord appeared to him in the desert of Mount Sinai in a flame of fire in a bush.Act 7:31 And seeing it, Moses marveled at the sight. And as he drew near to see, the voice of the Lord came to him:Act 7:32 saying, "I am the God of your fathers, the God of Abraham, and the God of Isaac, and the God of Jacob." But Moses trembled and dared not look.Act 7:33 Then the Lord said to him, "Loosen the sandal on your feet, for the place where you stand is holy ground."Act 7:34 "I have seen, the affliction of My people in Egypt, and I have heard their groan; and I came down to pluck them out. And now come, I will send you into Egypt."Act 7:35 This Moses whom they refused, saying, Who made you a ruler and a judge? God has sent this one to be a ruler and a redeemer by the hand of the Angel who appeared to him in the Bush.Act 7:36 He [Moses] brought them out after he had worked wonders and miracles in the land of Egypt and in the Red Sea and in the wilderness forty years.----

Related Questions

What types of businesses offer a surety bond?

Surety bonds can be offered from a wide range of businesses. They are primarily offered form bonding agencies, but can be seen coming from places such as insurance agencies and even businesses and websites solely developed to offer surety bonds.


How do you obtain a surety bond in Texas?

Your first step in obtaining a surety bond in Texas is to contact a surety agent that is familiar with the bonding process. Some agents simply don't offer bonding. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information.


What is a Statement of bonding limit from surety co?

To state the maximum outstanding amount that a surety co. can give.


How do you get a surety bond in North Carolina?

Your first step in obtaining a surety bond in North Carolina is to contact a surety agent that is familiar with the bonding process. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information.


How do you obtain a surety bond in North Carolina?

Your first step in obtaining a surety bond in North Carolina is to contact a surety agent that is familiar with the bonding process. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information.


How do I get bonded in Oklahoma?

Your first step in obtaining a surety bond in Oklahoma is to contact a surety agent that is familiar with the bonding process. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information.


What does it mean to bond a company?

This is one type of bonding of a contracting company, but it will give you some idea as to why companies have a bond. hat should I consider when choosing a surety bonding? What should I consider when choosing a surety bonding company? Company? Posted On: Wednesday January 28th, 2004 at 12:00am EST SUMMARY A surety bond is a guarantee from a surety bonding agency that a contractor will complete an agreement; you will not be liable if the contractor does not complete the agreement. When choosing a surety bonding company, you need to take into consideration its reputation, experience and bonding process. What should I consider when choosing a surety bonding company? A surety bond is a three-party agreement between a surety company, an owner (obligee) and a principle (contractor). In this type of bond, the surety company insures the obligee that the principle will fulfill a contract. When a surety bond is used in the construction industry, it is called a contract surety bond. Business owners acquire surety bonds because they want to be sure that a contract is going to manage his enterprise well, deal fairly, perform obligations in a timely manner and keep promises. Business owners also pursue surety bonds because they provide protection in case the contractor defaults on the contract. Surety bonding is considered a part of the insurance industry, but it shares some characteristics with the bank credit industry. However, the surety company's primary duty is not to lend the contractor money. Instead, the surety company uses its financial resources to stand behind, or back, the contractor's commitment and ability to complete a contract. The surety bond is advantageous for the business owner because it assures that the contracted work will be completed, and protection will be provided if it is not. Surety bond companies charge a premium for prequalifying or underwriting the contractor. Unlike insurance companies, surety companies do not charge deductibles based on the probability of loss, because surety companies do not expect a loss to occur. Surety bonding companies do extensive research on the contractors that they bond. They request a list of good references from the contractor, as well as proof that the contractor has experience fulfilling the requirements of contracts. Surety bond companies will also evaluate a contractor's ability to obtain equipment necessary to carry out work, the contractor's financial ability to hire necessary employees, the contractor's credit history and the contractor's current bank relationships and lines of credit. Having this information will allows you, as a business owner, to make a good decision in hiring a contractor. A surety bond will also help convince architects, lenders and other principles on the project that the chosen contractor will complete the duties and contracts as assigned. Because the surety bonding company plays such an important role in assuring that your contractor will complete his contract, it is important to carefully consider what bonding company you will choose. If you have never used a surety bonding company before, it will probably be a good idea to find other small business owners in your area who have used surety bonding companies and ask them who they recommend and why. Make a list of these names and do your own 'research'-find out what contractors they bond, and track down other businesspersons who have used their services. After compiling a list of potential surety bonding companies, you will want to check with the U.S. Treasury Department or similar agency in your state to assure that the agencies are licensed for bonding. Some bonding agencies are contained within larger insurance agencies, so you will also want to find out if they have an agent to handle surety bonds specifically or if they use any agent available to draft surety bonds. It is also important to ask your surety bonding agency what screening they perform on contractors. Do they conduct background checks? Do they gather business reference? What is the upper monetary limit of their bonding services? How long have they been in the bonding business? What are their policies if contractors default on an agreement? Are they registered with the state Insurance authorities and/or the federal Treasury Department? The surety company is the primary risk-taker in the three-way bonding agreement, and so will want to thoroughly investigate your business plans and information about your business before bonding a contractor to do work with you. It is important to provide as much information as you can to the surety agency so they can properly underwrite the contractor and make sure you are protected from liability in case the contractor defaults on your agreement. A good surety bonding agency will charge a premium for underwriting your contractor and project, and will publish what their premium rates are. If a surety company does not publish their premiums or rates, you should contact your state's Insurance office to assure that they are licensed and comply with all state and federal regulations. Perhaps the most important thing to remember when choosing a surety bonding company is ensuring that you have open lines of communication. You need to choose a surety bonding agent you can talk to about your business concerns-and the bonding agent needs to be able to listen to you, and address your concerns to your satisfaction. Again, other businesspersons will likely be very useful to you in your bonding agency search. You may also want to ask contractors who have submitted bids to you what surety bonding agencies they have used in the past.


What is the most common type of surety insurance?

The most common type of surety insurance is construction bonding, which insures that contractors will be able to complete a construction contract and pay their suppliers and subcontractors.


What do you do to be bonded?

Your first step in obtaining a surety bond is to contact a surety agent that is familiar with the bonding process. There will be an underwriting process associated with obtaining the surety bond but the surety agent will be able to assist you with more detailed information. Before the surety will give you a bond, you will have to go through a rigorous prequalification process because surety (unlike insurance) is a financial backing. It is more like a credit facility than an insurance policy. Surety companies will therefore thoroughly examine you and your company to ensure that you can perform as stated in your contract or license.


How to find a contractors surety bond?

Finding a contractor surety bond for your company will require that you get in contact with a surety bond agent. The agent will then work with the underwriters of the surety company to determine the contractor's character, capacity and capital. This is called the "3-C's" and represents the underwriting process. Surety bonds are required on construction projects that are funded by tax payer dollars. Private owners may also require the contractor to be bonded. General contractors will often require bonding from their major subcontractors. As you can see bonding is an important consideration for any successful contractor. A satisfactory bonding relationship is an asset to a construction company. It is an intangible asset. It's not something that shows up on the balance sheet, but it definitely will enhance the balance sheet.


Does bonding have to do with credit history?

YES! Surety bonds are essentially unsecured credit, and are underwritten differently than insurance. Surety Companies will take into account your credit, financial statements, and experience before they are willing to bond you.


How do you get bonded and insured?

You can purchase business insurance and bonding through an insurance broker which can be found online or by a referral from a friend who also owns a business. It is easy to purchase insurance but bonding can be more difficult as bonding is a form of credit. If you have poor credit, you may want to pull your credit and work out any credit issues before you try to apply for bonding. The process of getting insurance or bonding are both basically the same, fill out applications which the broker submits to different carriers to get you quotes. You review the quotes, select which ones you want, then sign all the forms and cut a check for the insurance broker to buy the bonds or policies for you.