Wrong move
Direct answer
The risky shortcut is assuming one bond protects every party for every problem. A performance bond addresses contract completion risk; a payment bond addresses nonpayment risk for covered labor and materials.
How to use this answer
Read the answer once, then prove it by choosing an answer in a practice question before looking at the explanation. If the miss repeats, tag the domain as Bonds and drill a smaller set before returning to mixed practice.
Prep path
NASCLA Study Guide
Independent NASCLA study guide for contractor exam topics, business law, estimating, project control, and timed review.
SamplesNASCLA Sample Questions
Public NASCLA Practice Exam sample questions with explanations.
PracticeOpen NASCLA Practice Exam
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