Merchant of Venice

Merchant of Venice act 1 scene 3

MERCHANT OF VENICE ACT 1 SCENE 3

What are the terms of Antonio and Shylock’s bond? What is bassanio’s reaction to these terms? (Please give relevant quotes)

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Bassanio has asked Shylock for a loan of three thousand ducats, a very large sum at the time, for a period of three months. He further tells Shylock that Antonio is to "be bound," meaning that Antonio will be responsible for repaying the loan.