MO BAIL BOND COMPREHENSIVE TEST
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS 100% CORRECT.
✔ Trade Names. Answer: Any name other than legal name. Can't have
'Inc. Corp, Limited, LLC,' or other phrases must be registered
✔ Types of Authority. Answer: Express Authority, Actual Authority,
Apparent Authority, Implied Authority
✔ Express Authority. Answer: Same as actual authority, expressly
written in the agent/ agency contract
✔ Actual Authority. Answer: Expressly given to an agent by contract
and/or by power of attorney
✔ Apparent Authority. Answer: The public may reasonably believe an
agent has authority
,✔ Implied Authority. Answer: Given to agent as a result of the
principal's conduct, such as the principal's earlier acquiescence to the
agent's actions
✔ Acquiescence. Answer: The reluctant acceptance of something
without protest
✔ Principal. Answer: The defendant and obligor
✔ Elements of Legal Contract. Answer: Offer and Acceptance,
Consideration, Competent Parties, Legality of Object
✔ Consideration. Answer: Good and valuable consideration can be a
favor for a favor, promise for a promise or an act for a promise
✔ Competent Parties. Answer: Of legal age and not mentally impaired
✔ Legality of Object. Answer: Contract must be entered into for legal
purposes
✔ Classification of Contracts. Answer: Formal Contract, Informal
Contract, Unilateral Contract, Bilateral Contract, Executory Contract,
Executed Contract, Express Contract, Implied Contract
, ✔ Concealment. Answer: Intentional withholding of facts by one party
to contract, which if known would prevent the other party from signing
the contract
✔ Fair Credit Reporting Act (FCRA). Answer: The collection, accuracy,
and privacy of consumer information used by credit bureaus
✔ Fraud in Execution. Answer: When one of the parties signs a contract
but believes one is signing another; contract is void
✔ Fraud in Inducement. Answer: Result of false statements made by one
party to induce the other party to sign in contract; contract becomes
voidable at the option of the defrauded party
✔ Valid Contract. Answer: Can be enforced by either party
✔ Void Contract. Answer: Cannot be enforced by either party
✔ Voidable Contract. Answer: If defraud party has the option to enforce
or void the contract
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS 100% CORRECT.
✔ Trade Names. Answer: Any name other than legal name. Can't have
'Inc. Corp, Limited, LLC,' or other phrases must be registered
✔ Types of Authority. Answer: Express Authority, Actual Authority,
Apparent Authority, Implied Authority
✔ Express Authority. Answer: Same as actual authority, expressly
written in the agent/ agency contract
✔ Actual Authority. Answer: Expressly given to an agent by contract
and/or by power of attorney
✔ Apparent Authority. Answer: The public may reasonably believe an
agent has authority
,✔ Implied Authority. Answer: Given to agent as a result of the
principal's conduct, such as the principal's earlier acquiescence to the
agent's actions
✔ Acquiescence. Answer: The reluctant acceptance of something
without protest
✔ Principal. Answer: The defendant and obligor
✔ Elements of Legal Contract. Answer: Offer and Acceptance,
Consideration, Competent Parties, Legality of Object
✔ Consideration. Answer: Good and valuable consideration can be a
favor for a favor, promise for a promise or an act for a promise
✔ Competent Parties. Answer: Of legal age and not mentally impaired
✔ Legality of Object. Answer: Contract must be entered into for legal
purposes
✔ Classification of Contracts. Answer: Formal Contract, Informal
Contract, Unilateral Contract, Bilateral Contract, Executory Contract,
Executed Contract, Express Contract, Implied Contract
, ✔ Concealment. Answer: Intentional withholding of facts by one party
to contract, which if known would prevent the other party from signing
the contract
✔ Fair Credit Reporting Act (FCRA). Answer: The collection, accuracy,
and privacy of consumer information used by credit bureaus
✔ Fraud in Execution. Answer: When one of the parties signs a contract
but believes one is signing another; contract is void
✔ Fraud in Inducement. Answer: Result of false statements made by one
party to induce the other party to sign in contract; contract becomes
voidable at the option of the defrauded party
✔ Valid Contract. Answer: Can be enforced by either party
✔ Void Contract. Answer: Cannot be enforced by either party
✔ Voidable Contract. Answer: If defraud party has the option to enforce
or void the contract
