Answers

2014-10-06T22:28:54+08:00
When we talk of cash bond, it's like..
'You want to build a house and i'm your contractor.. For you to have an assurance that i will finish the job, i will give you a certain amount of money(cash bond) so that in case i won't finish the contract or i won't finish constructing the house as to the agreement in the contract then you will have the money for yourself.' 
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