Exam (elaborations)
Bail bonds test Questions and Answers 2024
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Exam of 5 pages for the course Florida Bail Bonds at Florida Bail Bonds (Bail bonds test)
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Bail bonds testPresenting any information to the public that is false or untrue, deceptive or misleading
is: - answerA - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - answerMust
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: -
answerLicense is null and void
Which statement is true of Build-Up Funds? - answerThe 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? - answer180 days
An Insurance license is considered inactive when the fees are paid but: -
answerLicense is null and void
A non-admitted insurer is a/an - answerA - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except -
answerSetting 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? - answer30 days
How much continuing education must a Surety Bail Agent complete? - answer7 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? - answerFederal court
, If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
answerA - 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? - answerBe a
person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed? -
answerThe Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance
must issue - answerCertificate of authority
Which persons are prohibited from executing bail bonds? - answerA - 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: - answerThree 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: - answerNot allowed
Timely manner to fulfill a refund obligation is - answer30 days
Offering to divide and commission from the business of Surety Bail Bonds is called -
answerRebating
When may the Director of the Ohio Department of Insurance make an examination of
the financial
conditions of a domestic insurance company transacting business within the State of
Ohio? - answerWhenever they deem necessary
The surrender by one state or country to another of an individual accused of a crime is
called: - answerExtradition
The detaining of a person by virtue of lawful process or authority is called: -
answerCustody
formal written accusation originating with the prosecutor and issued by a grand jury
against a party charged with a crime is called: - answerIndictment
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