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

Name: A bond, which guarantees the performance of the terms of a contract, is a(n): A) judicial bond. B) performance bond. C) fidelity bond. D) official bond.
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A performance bond is specifically designed to guarantee the performance of the terms of a contract, ensuring that contractual obligations are met as agreed.

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