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A bond in legal appeals acts as a financial guarantee that the appellant will cover the court's judgment, should the appeal fail. It ensures the appellant's commitment to the process, safeguarding the interests of the prevailing party.
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A bond in legal appeals acts as a financial guarantee that the appellant will cover the court's judgment, should the appeal fail. It ensures the appellant's commitment to the process, safeguarding the interests of the prevailing party.
Relevance:
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