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What does bondable mean?

bondable mean
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What does bondable mean?

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Bondable means that a person would qualify for a surety bond. Qualifications are different for various bonds. For example, for a fidelity bond bondable typically means never having filed bankruptcy or been convicted of a felony. For a contract bond bondable typically means that a contractor has good character as well as sufficient capital and business experience to satisfy an underwriter that it can meet its bonded obligation.

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