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Question 1 of 5
1. Question
Who are the parties to a performance bond?
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Question 2 of 5
2. Question
If you need to make a significant change to a bonded contract, what should you do?
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Question 3 of 5
3. Question
“The contractor shall submit its invoices on a monthly basis on the last day of the month covering all work completed that month” is an example of what type of term?
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Question 4 of 5
4. Question
Why must you use the full legal name of the contractor on all contract documents?
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Question 5 of 5
5. Question
“We reserve the right to terminate this contract for any reason or no reason on 14 days’ notice” is an example of what type of contract term?
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