Exam (elaborations)
Bail Bond Test Questions and Answers Fully Solved
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Exam of 5 pages for the course Florida Bail Bonds at Florida Bail Bonds (Bail Bond Test)
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Bail Bond TestWhich two chapters of the Florida Statutes govern bail and Bail Bond Agents? -
answer648 and 903
What department is under the supervision of the Chief Financial Officer? -
answerDepartment of Financial Services
What effect do the rules of the Florida Administrative Code have on Bail Bond Agents? -
answerThey are statutory and must be adhered to in the same manner.
Name the criminal defendant's bonds. - answerBail, Appeal, Supersedeas, Habeas
Corpus, Extradition, Civil Contempt, Ne Exeat
What does the law require of an applicant for bail bond license regarding:
a. Age?
b. Residence?
c. Education?
d. Licensing procedure? - answer(a) 18(b) Bona fide resident of the state of Florida(c)
GED, 120 hr course and 30hr correspondence course(d) Courses must be complete,
application fee, exam fee, take and pass exam with 70% and the License ID fee.
A limited surety agent attaches a power of attorney to each bond. What does this
instrument pledge as security? - answerIt pledges the assets of the company as
security.
Appellant - answera person who files an appeal
Surety - answerThird party agreeing to be primarily liable for debt in case of default by
the principal debtor. One who guarantees the obligation of another
List the five elements of fraud. - answer1. False Statement
2. Person making the statement must know it's false or untrue
3. Intentional towards other party
4. Other party must believe it is true
5. Other party is damaged
General Agent - answerPerson appointed by a surety company to supervise agents
Valid - answerEnforceable by either party
, Voidable Contract - answerUnenforceable by either party
Distinguish between actual authority and apparent authority. - answerActual authority is
just that. The authority that the agent is actually given. Apparent is what the public may
believe the agent has.
List the five essential elements of a valid contract. - answer1. Agreement
2. Offer and Acceptance
3. Consideration
4. Competent parties
5. Legality of object
With what officials must a Bail Bond Agent register? How often must he or she register?
- answerMust register with the county and the sheriff they reside in and any counties
they wish to write bail. On or before April 1 of every odd numbered year
What bail bond records must a Bail Bond Agent keep? For how long? - answerDaily
Bond Register, individual records or files of defendants, records of all premiums paid to
insurance company to ensure payment of premium due them. They are kept for 3 years
How much of your premium collected goes towards your BUFF or Build Up Account? -
answer40%
Name and briefly define the three parties to a bail bond contract. - answerObligee is the
party who is due something. With bail bonds it is usually the State
Obligor is the person who owes. With bail it is the defendant/Prinicple
Surety is the US (Bail Bond Agent) or the surety company. They are responsible if
Obligor defaults.
For what five reasons may a Bail Bond Agent surrender a defendant without refunding
the premium? - answer1. If the defendant leaves the jurisdiction without written consent
2. If the defendant moves from one place to another without notifying Bond Agent
3. If there is any act committed that would lead to reasonable belief the defendant would
cause a forfeiture to his/her bond.
4. If defendant is arrested for any office other than a traffic offense.
5. If defendant made any false statements on the application.
Estreat - answerProcess of calling on the surety to produce the defendant before the
court
Name the four courts in the Florida system. - answerSupreme Court
Court of Appeal
Circuit Court
County Court
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