Which type of bond ensures the principal will uphold their oath of office?

The correct choice is the Public Official Bond. This type of bond is specifically designed to guarantee that public officials will conduct their duties honestly and uphold their oaths of office. It provides a financial assurance to the public that the official will manage their responsibilities with integrity, protecting against any potential misconduct or failure to fulfill their obligations.

Public officials often handle public funds or important governmental duties, so this bond serves as a safeguard for the community and stakeholders involved. When such a bond is in place, it reinforces the accountability of the official to act in accordance with laws and regulations associated with their position. If the official were to fail in their duties, the bond would provide a means for compensation to those harmed by the actions or inactions of that official. This feature is what distinguishes a Public Official Bond from other types of bonds, which generally serve different purposes such as ensuring the completion of contractual agreements or the validity of bids.