Surety bonds play a vital role in many business activities from licensing requirements to contract protection in all 50 states, but how much do you know about surety bonds? Do you have the bond knowledge you need to keep your business compliant with all state regulations and ready to compete for new clients? Would you know a commercial bond from a contract bond, an obligee from a principal, and collateral from a bond amount? Or could your knowledge use a refresher? Test your surety bond intellect with our quick quiz and make sure you have the surety bond IQ needed to keep your business growing.