Final answer:
An educational institution is required to maintain a corporate surety bond or other security that is acceptable to the commission. The amount of this bond or security depends on various factors such as the size of the institution and its financial risks.
Step-by-step explanation:
In the context of this question, the subject is business. The requirement mentioned is related to an educational institution maintaining a corporate surety bond or other security. This security should be acceptable to the commission and its amount depends on certain factors.
The amount of the corporate surety bond or security that an educational institution should maintain is typically determined by the commission or regulatory authority overseeing the institution. It may vary depending on factors such as the size of the institution, the number of students, and the financial risks associated with the institution.
For example, a larger institution with more students and higher financial risks may be required to maintain a higher amount of the surety bond or security. On the other hand, a smaller institution with fewer students and lower financial risks may have a lower requirement.