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2 years ago

What type of bond guarantees that a construction contractor will enter into a contract?

Business

1 answer:

Artemon [7]2 years ago

8 0

Bid bond guarantees that a construction contractor will enter into a contract.

Given that bond guarantees that a construction contractor will enter into a contract.

We are required to give the name of the bond that guarantees that a construction contractor will enter into a contract.

The name of the bond that will gurantee that a construction contractor will enter into a contract is bid bond.

A bid bond basically provides a guarantee that a winning bidder will take up the contract as per the terms at which they bid. A bid bond ensures a compensation to the bond owner if the bidder fails to begin a project. Bid bonds are basically often used in construction jobs or other projects that follow a similar bid-based selection process.

Hence bid bond guarantees that a construction contractor will enter into a contract.

Learn more about bid bond at brainly.com/question/26907335

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Mandarinka [93]

Answer:

Public warehouse

Explanation:

Public warehousing becomes more effective than than private warehousing when there is low volume with high variability in demand and significant seasonality which is the case here as there is fluctuating demand.

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3 years ago

Roberts Corp. reports pretax accounting income of $208,000, but due to a single temporary difference, taxable income is only $15

goblinko [34]

Answer:

The answer is given below;

Explanation:

Temporary Difference $208,000-$154,000=$54,000

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Please note that taxable temporary difference result in deferred tax expense and corresponding effect in deferred tax liability.

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Current Tax Expense Dr.$38,500

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4 years ago

What is Monetary and Fiscal Policy and who conducts both? Monetary<br> policy?

snow_tiger [21]

Answer:

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3 years ago

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Olin [163]

Answer:

true

Explanation:

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3 years ago

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3 years ago