Bail Bond Test (Florida) Exam Bundle with Latest Update
6 views 0 purchase
Course
Florida Bail bond
Institution
Florida Bail Bond
Which two chapters of the Florida Statutes govern bail and Bail Bond Agents? - Answer-648 and 903
What department is under the supervision of the Chief Financial Officer? - Answer-Department of Financial Services
What effect do the rules of the Florida Administrative Code have on Bail Bond Ag...
Bail Bond Test (Florida) Exam Bundle
with Latest Update
Which two chapters of the Florida Statutes govern bail and Bail Bond Agents? - Answer-648
and 903
What department is under the supervision of the Chief Financial Officer? - Answer-Department
of Financial Services
What effect do the rules of the Florida Administrative Code have on Bail Bond Agents? -
Answer-They are statutory and must be adhered to in the same manner.
Name the criminal defendant's bonds. - Answer-Bail, 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? - Answer-It pledges the assets of the company as security.
Appellant - Answer-a person who files an appeal
Surety - Answer-Third 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. - Answer-1. 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 - Answer-Person appointed by a surety company to supervise agents
Valid - Answer-Enforceable by either party
Voidable Contract - Answer-Unenforceable by either party
Distinguish between actual authority and apparent authority. - Answer-Actual 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. - Answer-1. 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? -
Answer-Must 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? - Answer-Daily 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? - Answer-
40%
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.