Which of These Would Be of Least Interest to a Surety

question 31

Multiple Choice

Which of these would be of least interest to a surety when underwriting a contract bond?

• A)the contractor's financial statements
• B)the contractor's three previous declarations of bankruptcy
• C)the contractor's previous criminal convictions, all for felonies, but unrelated to construction contracting
• D)the employee benefits the contractor provides for its workers

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Definitions:

Zero

The numerical value that represents no quantity or amount in mathematics; also used to signify a starting point.

Non-linear Curve

A graphical representation where the rate of change is not constant, demonstrating a relationship that does not follow a straight line.

Constant

A situation or variable in economics that does not change, or a fixed quantity within a particular analysis.

Infinite

A concept or quantity that has no end or limit, often used in mathematics, physics, and discussing concepts with no bounds.