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620449
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Define these words that are in the Bonds section

Corresponda o texto (clique e arraste)   

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Combine o texto

Principal or obligator

obligee or insured

Guarantor or surety

Clique e arraste

the person who guarantees the performance of someone else

promises to fulfill the oblication and who purchases the bond

this is the person to whom the promise has been made and whom the bond is payable in the event the principal defaults on its obligation


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