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Shelton Contracting defaulted on a bid bond with a 10 percent penalty. Shelton Contracting's bid was $100,000 and the next lowest bid was $103,000. The
Shelton Contracting defaulted on a bid bond with a 10 percent penalty. Shelton Contracting's bid was $100,000 and the next lowest bid was $103,000. The surety's obligation would be Available answer options Select only one option A $3,000. B $10,000. C $100,000. D $103,000
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Governmental And Nonprofit Accounting Theory And Practice
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
9th Edition
0132552728, 9780132552721
