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What is a bond in the law 2024?
Questioner:Adrian Nelson 2023-06-06 18:53:57
The most authoritative answer in 2024
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Charlotte Torres——Studied at the University of Sydney, Lives in Sydney, Australia.
Bond, In law, a formal written agreement by which a person undertakes to perform a certain act (e.g., appearing in
court or fulfilling the obligations of a contract). Failure to perform the act obligates the person to pay a sum of money or to forfeit money on deposit.
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