please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option is right and why other options are wrong. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

Make sure all the options whether correct or incorrect are explained properly.

For the next question read and refer to the following excerpt in quotes from an example Contract between a general contractor (you) and Flathtech Solutions LIC for the completion of a two story office building. Then answer the question following the excerpt. "7. Performance Guaranties. 7.1. Contractor shall provide a guaranties of his obligations under the Contract by a surety company acceptable to the Owner. 7.2. Performance Guaranty will take the form of an irrevocable bank guaranty in the amount of 10% of the Contract Price payable on first written demand of Owner to guarantee the performance of the Contractor's obligations under the Contract. 7.3. Contractor shall also provide a Subcontractor & Material Supplier Payment Guarantee in the form of a Standby Letter of Credit for 5% of the Contract price payable on first written demand of Owner to guarantee payment of all sub-contractors and material suppliers under the Contract." What kind of Assurance of Performance is the Owner asking for in section 7.1 and 7.2? a. On-Demand Bond b. Parent Company Guarantee C. Standby Letter of Credit d. True Performance Guarantee