Question: A housing developer X is hiring a contractor Y if X is concerned about the performance of Y and wants to protect its financial interests,

A housing developer X is hiring a contractor Y if X is concerned about the performance of Y and wants to protect its financial interests, X could do one of the following Multiple Choice buy a performance letter of credit from Y requires Y to obtain a performance letter of credit from a bank requires to obtain a financial Guntant from a bank sella performance letter of credit in Y

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