ZAE AeroCenter Controller Knowledge Test (CKT) 2 Practice Test

What does a payment bond primarily protect against?

Covered nonpayment claims of subcontractors, laborers, and suppliers Design errors by the architect The owner's financing costs Damage to the contractor's office furniture

Correct Answer:

Covered nonpayment claims of subcontractors, laborers, and suppliers

Explanation:

A payment bond provides payment protection to qualifying subcontractors, laborers, and suppliers on the bonded project.

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