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Showing posts with label The Indemnity Bond and Court Process -- Step by Step. Show all posts
Showing posts with label The Indemnity Bond and Court Process -- Step by Step. Show all posts

Saturday, June 30, 2018

The Indemnity Bond and Court Process -- Step by Step


By Anna Von Reitz

The Indemnity Bond and Court Process -- Step by Step

In order to conduct business across "state" borders--- which we all do --- we have to either function in private or public capacity.  

If you are a public corporation and functioning in the realm of international commerce, you are insured by your parent corporation as a franchisee.  

If you are a private "person" functioning in the realm of international trade, you are indemnified by your country and its assets. 

Notice the words:  "Commerce" versus "International Trade".   "Insurance" versus "Indemnity bond". Two different jurisdictions.  Two different political statuses. Two different forms of business transactions.  Two different forms of insurance.