Which type of bond is used to settle legal arguments not involving monetary damages?

The type of bond used to settle legal arguments that do not involve monetary damages is known as a court bond. Court bonds are typically required by law or court order to ensure that certain obligations are met during the legal proceedings. These obligations could include ensuring that a party complies with court orders or protecting the interests of individuals affected by those proceedings.

For example, if there is a dispute where a party must retain certain assets or fulfill specific obligations while a case is pending, a court bond serves as a guarantee that the party will adhere to the legal requirements set forth by the court. This is particularly important when financial compensation is not the primary concern, but adherence to legal standards or the terms of an agreement is critical.

In contrast, fiduciary bonds are used by individuals who manage assets or financial matters on behalf of others to ensure they act in the best interests of those individuals. Public official bonds ensure that government officials perform their duties faithfully and according to the law. Supply bonds, on the other hand, are related to contractual obligations in the context of supplying goods or services. Each of these bond types serves distinct purposes related to specific legal and financial circumstances, but when it comes to disputes without monetary claims, court bonds are the appropriate choice.