Archive for the ‘Business’ Category

Important Aspects of Surety Bonds

Friday, December 18th, 2009

Groshan Fabiola asked: In today's unstable and unpredictable economic climate, surety bonds are extremely important for company owners who wish to ensure that the legal terms of their closed contracts and agreements are properly respected by all parties involved. The practice of establishing surety bonds dates back hundreds of years ...

Three Common Court Bonds you Will Find

Monday, September 14th, 2009

Groshan Fabiola asked: Court bonds are required in many court proceedings to help protect you from a possible loss from the outcome of the proceeding. Depending on the case, sometimes a court bond is required prior to doing whatever you plan on doing. There are a couple of groups that bonds fall ...

The Utility of Surety Bonds in the Construction Industry

Saturday, December 27th, 2008

Rick Martin asked: Surety bonds are extremely important elements in today’s unstable economical environment. Bonds help companies make sure that their contacts and agreements with other parties are thoroughly respected. These days a surety bond can take one of many forms and play a wide variety of roles, especially that ...

Surety Bonds: the Basics

Tuesday, September 23rd, 2008

Groshan Fabiola asked: If you are a contractor of car dealer, you may find that you need to have a surety bond. This bond is an agreement where the provider, “surety”, promises to cover a default by the principal to an obligee. Basically, a professional would get a surety bond ...

What is a Surety Bond? Where Can I Get a Construction Bond?

Monday, September 15th, 2008

Asel asked: Bonds are becoming more common in our society today. You might be wondering what a surety bond is and why they are necessary. Individual business owners, corporations, federal and state governments and municipalities may request or require a surety bond of some sort before entering into an agreement ...