Guarantees and Performance Bonds
Author: Chu Chai Poh
Publisher:
Published: 2012
Total Pages: 697
ISBN-13: 9789812369901
DOWNLOAD EBOOKRead and Download eBook Full
Author: Chu Chai Poh
Publisher:
Published: 2012
Total Pages: 697
ISBN-13: 9789812369901
DOWNLOAD EBOOKAuthor: Lawrence R. Moelmann
Publisher: American Bar Association
Published: 2009
Total Pages: 934
ISBN-13: 9781604425000
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1980
Total Pages: 62
ISBN-13:
DOWNLOAD EBOOKAuthor: Geraldine Mary Andrews
Publisher: Sweet & Maxwell
Published: 2011
Total Pages: 925
ISBN-13: 0414044711
DOWNLOAD EBOOKThe book provides the commercial lawyer with a detailed analysis of the various statutory and contractual requirements relating to the law of guarantees. It also examines the guarantor's liability and right against both creditors and debtors. A thorough knowledge of the law and practice surrounding guarantees is essential for lawyers in all areas of commercial law, given the complex borrowing and finance requirements of modern industry and institutions. This is the 6th edition of the highly successful book on Guarantees by Geraldine Andrews QC and Richard Millett QC. The book is considered the pre-eminent treatise on the subject of guarantees in the UK.
Author: Confederation of British Industry
Publisher:
Published: 1978
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1978
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Kok Fong Chow
Publisher:
Published: 1980
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Poh Chu Chai
Publisher:
Published: 2017
Total Pages: 0
ISBN-13: 9789814770835
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1991
Total Pages: 56
ISBN-13:
DOWNLOAD EBOOKAuthor: 'Azizan Supardi
Publisher: LAP Lambert Academic Publishing
Published: 2011-12
Total Pages: 112
ISBN-13: 9783847323075
DOWNLOAD EBOOKIn construction contracts, a 'performance bond' is a bond taken out by the contractor, for the benefit of and at the request of the employer, in the event of the contractor's default, repudiation or insolvency. There are two types of performance bonds: Conditional bond or default bond, whereby the surety accepts 'joint and several' responsibility for the performance of the contractor's obligations under the contract; and Unconditional bond or on-demand bond, which is a covenant by the surety to indemnify the employer following contractor's default, subject to stated terms and up to a sum commonly 5% of the main contract sum. However, in Malaysia, the question of whether the performance bond in a construction contract is a conditional or an unconditional guarantees is one of the issues relating to performance bond that has been discussed. Thus, in order to determine the types of performance bond applicable in a contract, a thorough understanding of the content of the bond is required. Therefore, the objective of this research is to determine the phrase(s) in the Performance Bond in a construction contract that determine whether the performance bond is a conditional or unconditional.