Bail Bond MID TERM Exam Questions with correct Answers | Verified & Updated | 100% Correct

Bail Bond MID TERM Exam Questions with correct Answers | Verified & Updated | 100% Correct premium for bail under $3,000 10% premium for bail $3,000-$10,000 8% premium for bail $10,000+ 6% premium for bail less than $200 $10 can you accept $ for obtaining a license no can a lawyer give bail for $ no punishment for insurance fraud fine or up to 10 years punishment for fraud that jeopardizes safety of insurer up to 15 years express authority an agent's power to act on behalf of a principal, explicitly granted by an agreement between the agent and principal implied authority an agent's power to act on behalf of a principal, intentionally granted by the principal as a result of the principal's conduct, but without an express agreement Apparent authority an agent's power to act on behalf of a principal, even though not expressly or implicitly granted Apparent authority protection protects third parties who would otherwise incur losses if the agent's signature did not bind the principal after reasonable observers thought it would Elements of a legal contract (4) offer and acceptance, consideration, competent parties, legal purpose Offer one of the parties made a promise to do or refrain from doing some specified action in the future acceptance expressed unambiguously, through words, deeds or terms in the contract consideration something of value was promised in exchange for the specified action or non-action (NOT GIFT) competent parties refers to a person's ability to satisfy the elements required for someone to enter binding contracts (i.e. age, sound mind) legal purpose purpose of the contract must follow the law in order to be enforceable concealment fraudulent failure to reveal information that someone is aware should be disclosed effects of concealment cancellation of contract or civil lawsuit for fraud fraud a false representation of fact made with the intent to deceive another causing legal injury effect of fraud cancels or rescinds contract Original jurisdiction trial court court's power to hear/decide case before appellate review hears case for the FIRST time, not reviewing lower court's decision this sort of dispute is heard by this sort of court FIRST territorial jurisdiction authority confined to a bounded space, including all those present therein, and events which occur there subject matter jurisdiction authority over the subject of the legal questions involved in the case personal jurisdiction authority over a person, regardless of their location appellate jurisdiction may only hear an action after the court of original jurisdiction (or a lowere appellate court) has heard the matter acquit to set free, release or discharge as from an obligation, burden or accusation. to absolve one from an obligation or a liability; or to legally certify the innocence of one charged with a crime adjudicate the legal process of resolving a dispute. the formal giving or pronouncing of a judgment r decree in a court proceeding; also the judgment or decision given capital offense any criminal charge punishable by death penalty (varies from state to state and country to country) conviction outcome of criminal prosecution that concludes with defendant declared guilty of crime charged (whether through verdict or plea) custody who has control over money at a particular time, care possession and control of thing or person, putting someone in detention based on lawful authority or process, who has control over D and at what particular time criminal defendant person or entity accused of a crime in criminal prosecution civil defendant person or entity against which some civil relief is being sought disposition (litigation) court's final determination of a case or issue; sentencing disposition (property) the act of transferring or relinquishing of that property to another's care or possession usually by deed or will extradition removal of a person from a requested state to a requesting state for criminal prosecution or punishment felony a crime punishable by death or imprisonment in excess of one year