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Thursday, June 21, 2018

By Gregory Fox


Failure has always been a part of life. It is through these failures that humanity as a whole has been able to achieve the level of understanding that humanity possesses today. Surety bonds are defined as a promise between three people which are called the client, the principal and the surety.

The involvement of the society to a certain bond is important for it has the authority to do things. A society is composed of active and non active citizens that contribute to its growth. It may have problems and hardships but people inside it are helping hands to overcome these challenges.

The government is responsible for taking care of the citizens. They are in charge of imposing laws and rules which the civilians must follow. It is also their job to accommodate the needs of every citizen. These may include the production and providing shelter, foods and jobs. They also provide safety and security. They should not be greedy and corrupted so the next generation will not follow in their ways.

Companies are obliged to have its own terms and conditions. These are made through contracts agreed by employers, employees and its clients. There are also rules that should be implemented in its vicinity. This is to guarantee that all members would have a smooth relationship with each other. This is to prevent unexpected troubles along the way.

Every person is required to do labor work. This is a means to support their families. Third world countries are struggling in the labor because the population is so high and most of them have not even finished schools. The outcome is that they are becoming poor and poverty is the main reason why.

A country has many kinds of law because it helps preserve peace and it is also the basis of the punishment to the ones who disobeyed it. Some countries have similar law and punishments to each one. Each law should have an equal penalty so that people will avoid from doing things that are against it.

Before any deals are being made, a contract is being signed. This is a written agreement in which parties should abide. Whatever is written on the contract, it must be implemented. A person can be brought if into court if they have not followed the pact they have agreed upon.

Third party is the ones who secure the agreement between two individuals. They ensure that one will do their assigned tasks and will not make any mistakes. Not all agreement has third parties but having it helps the first and the second party not to have any worries about their treaty.

Trust is really hard to gain and easily be broken. It is important that every person should learn the right values in order for other people to trust them. Actions speak louder than words.




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