The surety relationship - Study guides, Class notes & Summaries

Basic Contract Law for Paralegals Chapters 1-8 Exam Questions and Answers 2024 Legality -Answer-The condition of conformity with the law; lawfulness. Usury -Answer-Charging a rate of interest that exceeds the rate permitted by law. Surrogacy Contract -Answer-A situation where a woman who "hosts" the fertilized egg of another woman in her womb or who is artificially inseminated with the sperm of a man who is in a relationship with someone else agrees to assign her parental rights to the do...

The purpose of bail is? - correct answer To guarantee appearance and a bail bond shall not be forfeited for any other reason. What are the three documents that a court clerk must provide to the professional bail agent when forfeiting a bond. - correct answer Judgment Nisi Scire Facias Copy of the Bench Warrant A Final Judgement is returnable for? - correct answer At least 90 days When can a bond be forfeited? - correct answer At the time of nonappearance (at the missed court date) ...

The surety relationship includes all of the following parties, EXCEPT: a. Surety b. Fiduciary c. Obligee d. Principal - b. Fiduciary All of the following are recognized bond terms, EXCEPT: a. Noncancelable (open term) b. Definite term c. Continuous term d. Revolving term - d. Revolving term In addition to assisting bond applicants to complete applications and indemnity agreements, some surety producers a. Investigate commercial surety bond losses. b. Design commercial surety bond fo...

Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - Answer- A licensed broker working for another broker False - Answer- A florida real estate license applicant must be a resident a...

Timeshare License Exam 150+ QUESTIONS AND CORRECT ANSWERS 2023 LATEST UPDATE. 1. How long is a TSA license valid for?: 2 years 2. If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire?: June 30, 2002 (end of the month - 2 years later) 3. If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire?: June 30, 2010 (end of the month - 1 year later) 4. An applicant for an original timeshare license MUST prov...

AFSB 153 Sample Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS The surety relationship includes all of the following parties, EXCEPT: a. Surety b. Fiduciary c. Obligee d. Principal - Answer -b. Fiduciary All of the following are recognized bond terms, EXCEPT: a. Noncancelable (open term) b. Definite term c. Continuous term d. Revolving term - Answer -d. Revolving term In addition to assisting bond applicants to complete applications and indemnity agreem...

Timeshare License Exam Questions and Answers Already Graded A How long is a TSA license valid for? 2 years If a timeshare AGENT initially becomes licensed on June 6, 2000, when will the license expire? June 30, 2002 (end of the month - 2 years later) If a timeshare REPRESENTATIVE initially becomes licensed on June 6, 2009, when will the license expire? June 30, 2010 (end of the month - 1 year later) An applicant for an original timeshare license MUST provide: An application, certific...

TCOLE (Master Study Guide 2022 Test Bank) Complete Questions/Answered Correctly! That condition of the human organism that consists of its health and disease status and risk potential. {correct response}- Wellness According to the Occupations Code, a person licensed as a peace officer must complete 40 hours of legislatively required continuing education training once every {correct response}- 24 months According to Commission Rules, if a licensee's name is changed for any reason, suc...

AFSB 153 Sample Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS The surety relationship includes all of the following parties, EXCEPT: a. Surety b. Fiduciary c. Obligee d. Principal - Answer -b. Fiduciary All of the following are recognized bond terms, EXCEPT: a. Noncancelable (open term) b. Definite term c. Continuous term d. Revolving term - Answer -d. Revolving term In addition to assisting bond applicants to complete applications and indemnity agreem...

AFSB 151 Practice Exam Questions and Answers 2024 Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? -Answer-Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - Answer-Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The con...