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3. OConnor Construction lost a lot of money through the performance guarantee it provided J.R. Inc., having to return the advance payments it received because
3. OConnor Construction lost a lot of money through the performance guarantee it provided J.R. Inc., having to return the advance payments it received because of uncompleted work. What payment structure or stipulations may have helped the company better recoup its losses, or at least minimize the amount lost?
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