2007-03-17 12:11:55 · 3 answers · asked by RAJKUMAR S 1 in Business & Finance ➔ Corporations
It means that a bonding agency would be willing to carry a bond to guarantee your behavior. Typically, if you have been pretty honest and don't have any felony convictions or bankruptcy, you'll be bondable.
2007-03-17 12:15:02 · answer #1 · answered by Faye H 6 · 2⤊ 3⤋
The bottom line is that the worker must be "bonded" or have someone sign a document that says if the worker steals money or some other property during the course of their work, that the second party (kind of like a bail bondsman), will compensate the company for their loss. It is an insurance policy on a worker who is placed in charge of handling money for a company, such as a gas station attendant, or a mall worker.
2007-03-17 19:16:40 · answer #2 · answered by Curious_Yank_back_in_South_Korea 7 · 1⤊ 2⤋
If you had to put up a bond, you could?
2007-03-17 19:19:39 · answer #3 · answered by Starlight 5 · 0⤊ 3⤋