Question: The collateral is returned to the indemnitor when: a ) Indemnitor goes to court b ) Final termination of liability of the bond is determined
The collateral is returned to the indemnitor when:
a Indemnitor goes to court
b Final termination of liability of the bond is determined
cBoth A and B above is correct
d None of the above is correct
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
