Bail Bonds Tests Bundle Set

Bails Bond questions with correct answers

Which of the following is correct regarding compensatory damages ? CORRECT ANSWER-compensatory damages pay a victim for his loss which of the following if any is correct regarding punitive damages? CORRECT ANSWER-punitive damages are designed to punish the wrongdoer and set an example for others ...

Bail CORRECT ANSWER-Security required (monetary amount) for the release of a person from jail Bond CORRECT ANSWER-Obligation for the amount of bail by the person who signs the bond Accommodation bondsman CORRECT ANSWER-Not a licensed bail bondsman but uses value or property to get someone out ...

the Governor is the obligee CORRECT ANSWER-crime of the state which is correct the obligee CORRECT ANSWER-which of the following refers to the party to whom an obligation is owed Governor of the state CORRECT ANSWER-who is the obligee in a contract of bail when the crime is against the state ...

Presenting any information to the public that is false or untrue, deceptive or misleading is: CORRECT ANSWER-A - Unfair Trade Practice B - Misrepresentation and false advertising To meet requirements, those who apply for a Surety bail License must: CORRECT ANSWER-Must submit to a written examina...

three parties to a bail bond contract CORRECT ANSWER-oblige, obligor, surety who may approve and accept a bail bond CORRECT ANSWER-sheriff or committing magistrate who may approve and accept an appeal bond CORRECT ANSWER-clerk of trial court what other fee may a bail bond agent accept CORRE...

Who is an Indemnitor? CORRECT ANSWER-An indemnitor is a co-signer. Co-sign for the bond of the Principle Who is a Principle CORRECT ANSWER-The Principle is the defendant What is a indemnity agreement? CORRECT ANSWER-An agreement signed by both def and indemnitor agreeing to pay and to appear a...

Bail Bond Written questions with correct answers

According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent must complete which of the following hours of CECs every 2 years before renewing their license? CORRECT ANSWER-8 hours are required The MO Director of Insurance is appointed by the: CORRECT ANSWER-Governor...

Which two Florida Statutes govern the bail bond industry? CORRECT ANSWER-Chapter 648 and 903 Which Governmental agency or department governs the bail bond industry in the state of Florida? CORRECT ANSWER-Florida Department of Financial Services The Records of all Bail Bond written in this stat...

elected official responsible for regulation and licensing of bail bondsmen CORRECT ANSWER-Chief financial officer department under the supervision of the Chief Financial Officer CORRECT ANSWER-Florida Dept of Financial Services What chapters of the Florida Statutes govern bail and bail bondsme...

WHO REGULATES INSURANCE COMPANIES AND INSURANCE AGENTS IN FLORIDA? a) Bail Bond Regulatory Department of Florida b) Chief Financial Officer c) Lexington Insurance Company d) None of the Above CORRECT ANSWER-b) Chief Financial Officer WHAT IS THE NAME OF THE PERSON IN CHARGE OF THE DEPART...

nebbia hearing CORRECT ANSWER-sufficeny requirements burden of proof, to produce and disclose source, determine finances are legitmate CORRECT ANSWER-nebbia hearing which bond does not guarantee the defendant will appear in court CORRECT ANSWER-all bonds are written to guarantee tuw defendat w...

A domestic insurance companay: CORRECT ANSWER-is incorporated in the state within which it is located. It is considered foreign in all other states. A captive insurance company exists primarily to: CORRECT ANSWER-underwrite the risks of the parent owner. What agreement is for laying the legal ...