Which bond requires a party to do or refrain from doing certain acts?

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The bond that requires a party to do or refrain from doing certain acts is the injunction bond. This type of bond is often utilized in legal proceedings where a party is seeking an injunction — a court order that either compels a party to take a specific action or restrains them from acting in a certain way. Before the injunction is granted, the party requesting it must typically post an injunction bond that provides a financial guarantee to the court and the opposing party. This bond ensures that if the injunction is later found to be unjustified, the party that sought the injunction will compensate the opposing party for any damages resulting from the injunction.

In contrast, other bonds listed serve different purposes. For example, a fiduciary bond is meant to protect against losses that may occur due to the actions of someone acting in a fiduciary capacity, such as an executor of a will. A position schedule bond typically relates to guaranteeing the performance of duties of a person in a specific position, while a reclamation bond ensures that restoration or mitigation efforts related to environmental damage are executed properly. Each of these bonds fulfills a specific legal requirement or provides a different type of guarantee, unlike the injunction bond that directly relates to compliance with court orders.

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