Question: Kiernan Construction Co. entered into a contract with Jackson for Jackson to build a house for her. Century Surety Co. executed a bond to protect

Kiernan Construction Co. entered into a contract with Jackson for Jackson to build a house for her. Century Surety Co. executed a bond to protect Jackson from loss if Kiernan failed to construct the house or pay labor and materials bills. Kiernan failed to build the house, and Jackson sued Century Surety, which claims that Jackson must first sue Kiernan. Is it correct?

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No The bond was an indemnity bond by which Centur... View full answer

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