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Which of the following is true regarding Surety Bonds? A They are two-party contracts, being contracts between the obligor and the obligee B Like insurance,

Which of the following is true regarding Surety Bonds? A They are two-party contracts, being contracts between the obligor and the obligee B Like insurance, they are two-party contracts, being contracts between the surety and the obligor C They are written on an annual basis, renewable during the duration of the contract D They are written for the duration of the contract

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