Hua Chen
Abstract
The author emphasizes the correct understanding of the meaning of contract guarantee, discusses the reason why other fashions of bonds are not used in construction contract guarantee, and tells us only surety bond can be used in it.
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The author emphasizes the correct understanding of the meaning of contract guarantee, discusses the reason why other fashions of bonds are not used in construction contract guarantee, and tells us only surety bond can be used in it.
Key concepts: Surety, Bond, Meaning (existential), Business, Law and economics, Actuarial science, Finance, Economics