Which bond guarantees performance by a court-appointed person?

The correct choice is based on the definition and function of fiduciary and court bonds in legal contexts. A fiduciary bond is a type of surety bond that guarantees the performance and fulfillment of duties by a person appointed by the court to manage a person's assets or affairs, such as a guardian, trustee, or executor. Similarly, court bonds ensure that a court-appointed individual will comply with legal and fiduciary obligations while carrying out their duties.

When considering the role of these bonds, it's crucial to recognize that they serve a common purpose of protecting the interests of the involved parties and ensuring that the appointed person acts in accordance with the law and their fiduciary responsibilities. In scenarios where a court has appointed an individual, it can be essential to have a bond that provides assurance regarding the proper management and handling of the assets or responsibilities entrusted to them. Therefore, referring to these as "Fiduciary and Court Bonds" captures their combined essence and emphasizes their role in guaranteeing performance.

While the other options focus on specific bonds, such as executor bonds— which specifically relate to the duties of an executor of an estate—they do not encompass the broader range of duties covered by both fiduciary bonds and court bonds. Hence, the answer accurately acknowledges the comprehensive nature