NC Bail Bondsman questions with correct answers

1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI CORRECT ANSWER-B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed. CORRECT ANSWER-A) person who charges a fee (money) for posting a bond 3) How can an accommodation bondsman post bonds? A) Cash B) property C) A and B D) certification of equivalent funds in stocks and bonds form 2104-B CORRECT ANSWER-C) A and B 4) What is the definition of a bail bond? A. An undertaking by the principal to appear in court upon penalty of forfeiting bail B. A legal instrument indicating the amount of bond