Native American music also includes a range of courtship songs, dancing songs and popular American or Canadian tunes like Amazing Grace, Dixie, Jambalaya and Sugar Time. Many songs celebrate harvest, planting season or other important times of year.
A surety bond or surety is a promise by a surety or guarantor to pay one party a certain amount if a second party fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.
It is in this sense that a surety bond is similar to a form of credit extended to the principal by the surety. Three parties involved in a surety guarantee: 1  PRINCIPAL: Person required to post bond. 2  OBLIGEE: Government entity or person requiring principal to be bonded.  SURETY: Provides financial guarantee to obligee on behalf of principal.