EXAM QUESTIONS AND ANSWERS
RATED A+ SURE PASS UPDATED
VERSION
WhichbofbthebfollowingbdoesbnotbhavebthebauthoritybtobregulatebbailbbondsmanbinbthebstatebofbSo
uthbCarolinabasbdefinedbinbTitleb38?
A)bSouthbCarolinabDepartmentbofbInsuranceb
B)bSatebLawbEnforcementbDivisionb
C)bSherriffb
D)bClerksbofbcourtb-bCORRECTbANSWERSbSherriff
Ifbabprofessionalbbondsmanbhasbthebminbamountbofb$10Kbpledgedbtobthebcircuitbofbcourt,bwhatbisbt
hebtotalbamountbofbbailbliabilitybtheybmayblegallybassume?b
A)b$100kb
B)b$5Kb
C)b$40Kb
D)b$80Kb-bCORRECTbANSWERSb$40K
___________isbthebannualbregistrationbfeebforbabbailbbondsmanboutsidebofbtheirbhomebcounty?
,A)b$200
B)b$100
C)b$400
D)b$150b-bCORRECTbANSWERSb$100
Ablicenseebmaybbebexemptedbfrombcontinuingbeducationbrequirementsbifbtheybmeetbwhichbofbtheb
followingbcriteria?
A)b10byearsbofblicensureb
B)bMorebthanb55byearsboldb
C)b20bYearsbofblicensurebandb60byearsbofbageborbolderb
D)b30byearsbofblicensureb-bCORRECTbANSWERSb20byearsbofbagebandb60byearsbofbageborbolder
TRUEbOFbFALSE:bAbbailbbondsmanblicensedbinbanotherbstatebrelocatingbtobSCbDOESbNOTbneedbtoba
pplybforbablicensebtobbecomebabbondsmanbinbSCb-bCORRECTbANSWERSbFALSE
Whichbofbthebfollowingbmaybnotbappointbabrunner?b
A)bProfessionalbBondsmanb
B)bSupervisingbBondsmanb
C)SuretybBondsmanb
D)bAb&bCb-bCORRECTbANSWERSbSupervisingbBondsman
HowbmanybtypesbofbbondsmanbarebinbSC?
,A)b2
B)b1
C)b4
D)b3b-bCORRECTbANSWERSb3
_________Isbthebapplicationbfeebtobobtainbandbrenewbabrunnerblicensebeachbyearbtherebafter.b
A)b$200
B)b$40b(paidbbybinsurer)
C)b$400
D)b$150b-bCORRECTbANSWERSb$200
TRUEbOFbFALSE:bifbatbanytimebthebportionbofbsecuritybisbgreaterbthanbthebliabilitybheldbbybthebcourt
sbabportionbofbthisbsecuritybmaybnotbbebreturnedbtobthebbondsmanbprobrat.b-
bCORRECTbANSWERSbFALSE
Abbailbbondsmanbfoundbtobviolatebabceasebandbdesistborderbwillinglybmaybbebfinedbinbthebamountb
ofb______perbday.b
A)b$75
B)b$50
C)b$100
D)b$150b-bCORRECTbANSWERSb$100
, TRUEbORbFALSE:bAbbondsmanbmustbfirstbregisterbtheirblicense,bqualifyingbpowerbofbattorney,bandb$
150bfeebinbthebcountybbeforebtheybmaybregisterbtheirblicensebinbanybotherbcounty.b-
bCORRECTbANSWERSbTrue
TRUEbOFbFALSE:bAllbbailbbondblicensesbexpirebannuallybinbJulyb1stbrespectively.b-
bCORRECTbANSWERSbFalse
Professionalbbondsmanbmustbsubmitbabreportbtoballbclerkbofbcourtsbtheybconductbbusinessbinbbybth
e_____ofbeachbmonthbdetailingballbbondsbtheybarebliablebfor.b
A)b30thb
B)b1stb
C)b10th
D)b15thb-bCORRECTbANSWERSb15th
TRUEbOFbFALSE:bAbbailbbondsmanbmaybNOTbreferbabparticularbattorney.b-
bCORRECTbANSWERSbTRUE
WhichbofbthebfollowingbisbnotbabprimarybgoalbofbthebSCbDepartmentbofbInsurance?b
A)bProtectbconsumersb
B)bUnderwritebBailbBondsb
C)bpromotebabcompetitivebinsurancebmarketplaceb
D)bEnsurebthebfinancialbstabilitybofbinsurancebcompaniesboperatingbinbthebstateb-
bCORRECTbANSWERSbUnderwritebBailbbonds
AbBailbBondsmanbfoundbtobviolatebabceasebandbdesistborderbunwillinglybmaybbebfinedbinbthebamou
ntbofb_____bperbday.