Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - Answer Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - Answer License is null and vo...
Bail bonds Test Questions Solved
Correctly.
Presenting any information to the public that is false or untrue, deceptive or misleading is: - Answer A -
Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - Answer Must submit to a
written examination.
An Insurance license is considered inactive when the fees are paid but: - Answer License is null and
void
Which statement is true of Build-Up Funds? - Answer The fund shall not exceed forty percent of the
premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the license is
initially issued? - Answer 180 days
An Insurance license is considered inactive when the fees are paid but: - Answer License is null and
void
A non-admitted insurer is a/an - Answer A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - Answer Setting insurance
rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance any convictions
or crimes other than minor traffic offenses? - Answer 30 days
, How much continuing education must a Surety Bail Agent complete? - Answer 7 hours every year
Engaging in any fraudulent or dishonest or coercive practice in connection with the business of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the parties be
prosecuted? - Answer Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may - Answer A - Order
the insurer, agent, or agency to pay expenses incurred by the Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? - Answer Be a person of high
character and integrity.
Who is responsible to show proof that the continuing education has been completed? - Answer The
Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue - Answer
Certificate of authority
Which persons are prohibited from executing bail bonds? - Answer A - Employees of detention centers.
B - Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned by the
agent for: - Answer Three years
If a Surety Bail Bond Agent countersigns a Surety Bail Bond and sent an office secretary to go to the court
house or jail to post a bond, this is: - Answer Not allowed
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