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A surety bond is a promise to be responsible for the debt, default, or failure of another. In most instances, bonds are required by federal, state, and local governments to protect the taxpayer dollars that are paying for the project. By being bonded, a company is saying that they have undergone the examination by a surety and has been qualified to do the project.
If it's a single individual, then it's most likely a license bond which guarantee that the principal will follow the terms of the license for which they filed. They protect the citizens of a city, county or state from damages stemming from the actions of the principal, and require the principal to comply with all laws. They are a prerequisite to the granting of the license or permit.
What else can I help you with?
What percentage of bonded leather is plastic?
0%. If it is bonded leather it is bonded leather and not plastic!
Where to get bonded?
To get bonded, you go to the Police Station.
What are the double and triple bonded hydrocarbons called?
double bonded hydrocarbons are called "alkenes" and triple bonded hydrocarbons are called "alkynes"
Have you ever applied to be bonded?
Yes, i have applied to be bonded.
Have you been bonded before?
Yes, I have been bonded before.
Are you licensed, bonded, and insured?
Yes. We are licensed, bonded, and insured.
Is Freon a more covalently bonded or ionically bonded?
Freon is more covalently bonded. It consists of covalent bonds between the carbon, fluorine, and chlorine atoms in its structure.
What is a substance of 2 atoms bonded called?
If they are covalently bonded, it would be a molecule. If they are bonded by an ionic bond, they form an ionic compound.
Do you have to be bonded to work for the post office?
no you do not have to be bonded to work at the post office
Why is haematite bonded to metal?
Iron is bonded to six oxygen ligands.
When was Bonded by Blood created?
Bonded by Blood was created in 1984-07.
Network can be made of bonded what or what?
Networks can be made of bonded ion or molecule
