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Select all statements that are true. Question 21 options: A bond is a two-party undertaking. A bond is the same as an insurance policy. A

Select all statements that are true. Question 21 options: A bond is a two-party undertaking. A bond is the same as an insurance policy. A bond is a promise that the owner will be indemnified against loss arising from the failure of the contractor to perform obligations under the contract. A bond is provided by a surety firm

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