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Suretyship

1h 31m

Created on January 17, 2017

Beginner

Overview

The need for surety bonds permeates many areas of business and the law. Parties regularly need appeal, bail, licensing and other types of bonds. In this program, attorney Thomas De Luca examines contract bonds that permeate the construction and real estate industries.  

He places emphasis on the fundamentals of suretyship as well as the competing and sometimes conflicting interests of the various participants. Additionally, his course explores in depth the means by which sureties seek to protect themselves from incurring losses.


Learning Objectives: 

  1. Understand the differences between suretyship and insurance
  2. Navigate the surety underwriting process
  3. Identify the participants to surety bonds
  4. Examine the various types of contract surety bonds and their purposes
  5. Identify applicable statutes
  6. Learn about the claims process and the competing and conflicting interests of the parties
  7. Comprehend how sureties protect their interests through the common law and by indemnity agreements

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