CA BAIL AGENT LICENSING PRACTICE TEST
EXPECTED QUESTIONS WITH VERIFIED ANSWERS
Question 1.
Transact as applied to insurance includes
ANSWER
Solicitation, Negotiations preliminary to execution, execution of a contract of insurance,
Transaction of matters subsequent to execution of the contract.
Question 2.
True of False? Any person who transacts insurance without a valid license is gulity of a misdemeanor
punishable by a fine not exceeding fifty thousand dollars.
ANSWER
True
Question 3.
The Commissioner shall begin providing information to the Franchise Tax board
ANSWER
July 1,1987
Question 4.
True or False: Except as provided in Section 1669,a license shall not be denied without an opportunity
to the applicant to be heard in support of his application.
ANSWER
True
1/6
, Question 5.
The Commissioner may deny an application for any license if:
ANSWER
An applicant is not properly qualified to perform the duties of a person holding the license
applied for. The granting of the license will be against public interest. The applicant is not of
good business reputation. The applicant is lacking in integrity.
Question 6.
How are fiduciary funds kept?
ANSWER
In an account separate from a bail agents' personal assets. In a savings account. In a non-
interest bearing account .
Question 7.
A bail solicitor may
ANSWER
only conduct business under the name of his/her employer
Question 8.
Any person who transact insurance without a valid license is guilty of a
ANSWER
Misdemeanor punishable by a fine not exceeding $50000
Question 9.
As used in the ins. regs. bail or transactions of bail includes
ANSWER
a bail bond release by means of depositing cash or property and in lieu of giving bail , an
undertaking of bail
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EXPECTED QUESTIONS WITH VERIFIED ANSWERS
Question 1.
Transact as applied to insurance includes
ANSWER
Solicitation, Negotiations preliminary to execution, execution of a contract of insurance,
Transaction of matters subsequent to execution of the contract.
Question 2.
True of False? Any person who transacts insurance without a valid license is gulity of a misdemeanor
punishable by a fine not exceeding fifty thousand dollars.
ANSWER
True
Question 3.
The Commissioner shall begin providing information to the Franchise Tax board
ANSWER
July 1,1987
Question 4.
True or False: Except as provided in Section 1669,a license shall not be denied without an opportunity
to the applicant to be heard in support of his application.
ANSWER
True
1/6
, Question 5.
The Commissioner may deny an application for any license if:
ANSWER
An applicant is not properly qualified to perform the duties of a person holding the license
applied for. The granting of the license will be against public interest. The applicant is not of
good business reputation. The applicant is lacking in integrity.
Question 6.
How are fiduciary funds kept?
ANSWER
In an account separate from a bail agents' personal assets. In a savings account. In a non-
interest bearing account .
Question 7.
A bail solicitor may
ANSWER
only conduct business under the name of his/her employer
Question 8.
Any person who transact insurance without a valid license is guilty of a
ANSWER
Misdemeanor punishable by a fine not exceeding $50000
Question 9.
As used in the ins. regs. bail or transactions of bail includes
ANSWER
a bail bond release by means of depositing cash or property and in lieu of giving bail , an
undertaking of bail
2/6
