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Simple English definitions for legal terms

commercial surety

Read a random definition: incapacitated person

A quick definition of commercial surety:

A commercial surety is a person who promises to pay someone else's debt or do something they promised to do. They are different from an insurance company because they don't get paid for taking on this responsibility. They are also different from a guarantor because they are directly responsible for paying the debt or doing the promised task. It's important to know the difference between a surety and a guarantor because they are not the same thing.

A more thorough explanation:

A commercial surety is a type of surety that is compensated for assuming liability for the payment of another's debt or the performance of another's obligation. A surety is different from an insurer because they often receive no compensation for assuming liability.

For example, if a construction company needs to obtain a bond to guarantee their work, they may use a commercial surety to provide the bond. The commercial surety would assume liability for the bond and would be compensated for their services.

Another example would be a landlord requiring a tenant to provide a security deposit. The tenant may use a commercial surety to provide the deposit, and the commercial surety would assume liability for the deposit if the tenant fails to meet their obligations.

These examples illustrate how a commercial surety can provide financial security for businesses and individuals by assuming liability for their obligations.

commercial signature | commercial-traveler rule

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mine also just gave up and said old
22:44
@mule: hi
caucasian eyes
JumpySubsequentDolphin
22:45
round symmetrical eyes is so nice
babycat
22:45
I like that they defined what they consider Caucasian eyes too
JumpySubsequentDolphin
22:45
very wet.
22:45
Fuckin round eyes always shitting on squints
22:45
the what now
22:47
Like Caucasian eyes = round eyes & squints = derogatory Asian eye comparisons
shaquilleoatmeal
22:47
Rhode Island lmfaooo
shaquilleoatmeal
22:48
You’ll go to RI but not Westport, I see how it is
babycat
22:49
shaq you remember when I was at the beach all summer reading books and saying I AM NOT going to study for the lsat. this picture is from then. also not in Rhode Island I guess I just have a New England face
JumpySubsequentDolphin
22:49
a woman in a black dress posing for a picture, skin care, streaming, shiny soft fur, latina, silver wings, teen girl, foundation, sparkles on eyelids, black tie, persian queen, nervous
JumpySubsequentDolphin
22:49
now im Latina and Persian allegedly
22:50
They want to pin down your lineage by process of slim
shaquilleoatmeal
22:50
Ahh yes I remember
shaquilleoatmeal
22:52
I dated a Persian once, I miss the sour fruit roll up things
shaquilleoatmeal
22:52
At least they got the skin care to the T dolphin
JumpySubsequentDolphin
22:52
lavashak
babycat
22:53
i do not do skin care bc I don’t need to at the moment but hopefully someday I fall madly in love with a neurotic woman who teaches me what I need to do
shaquilleoatmeal
22:55
@JumpySubsequentDolphin: fahkkk you just saved my life, I never knew the name and now I can buy that shit online !!
22:55
Skin care is vital, I am swiss, and there fore super white and sun sensitive, I do not want to look 50 at 30
JumpySubsequentDolphin
22:56
I’ll teach you baby. also you’re welcome Shaq glad to be of service. and yes sky dog skincare is very important. but hopefully Botox will
22:56
One of the best things u can do for ur skin is not smoke meth.
babycat
22:57
not smoking cigs regularly is my gift to my collagen. also bad for your qi but if you are strong-willed enough you can overcome this
JumpySubsequentDolphin
23:00
omg it cut me off. I was gonna say hopefully Botox will save me one day. and filler under my eyes perhaps. i wanted to get filler in my nose and i made an appointment but my cousin is an ENT and he told me that I could go blind or the tissue around my nose could all DIE so i canceled the appointment. now im very sad bc i don’t want a nose job but i wanted to make my nose more symmetrical, woe is me
detailed clothes texture, white male, inspired by Mac Conner, silver bracelets, hidden camera photo, elegant color palette, smart awkward and sexy, cropped shirt with jacket, hgtv, tan, video, watch photo, matlab, jontron, brown pants, of, wedding, hands not visible
it's interesting
granted I'm only half white
23:07
Matlab like the engineering software?
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