A bond, which guarantees the performance of the terms of a contract, is a(n):
A) judicial bond.
B) official bond.
C) performance bond.
D) fidelity bond.

Name: A bond, which guarantees the performance of the terms of a contract, is a(n): A) judicial bond. B) official bond. C) performance bond. D) fidelity bond.
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A performance bond is a type of surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor.

A Bond, Which Guarantees the Performance of the Terms of a Contract