Bail Bonds Test Questions And 100% Correct Answers
Presenting any information to the public that is false or untrue, deceptive or misleading
is: - ANSWER A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - ANSWER Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - ANSWER
License is null and void
Which of the following is true of Build-Up Funds? - ANSWER The fund shall not exceed
forty percent of the premium.
One cannot deliver and execute a bond as a Surety Bail Bond Agent for how many days
after the license is initially issued? - ANSWER 180 days
When are an Insurance license considered inactive when the fees are paid but: -
ANSWER License is null and void
A non-admitted insurer is a/an - ANSWER A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - ANSWER
Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance
, any convictions or crimes other than minor traffic offenses? - ANSWER 30 days
How many hours of continuing education does a Surety Bail Agent have to complete? -
ANSWER 7 hours per year
Making any fraudulent or dishonest or coercive practice in connection with the business
of
Insurance is a felony in the State of Ohio, if this felony crosses state lines, where will the
parties be
taken to court? - ANSWER Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
ANSWER A - Order the insurer, agent, or agency to pay expenses incurred by the
Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What does an applicant have to be to apply for a Surety Bail license? - ANSWER Of high
character and integrity.
Who has to provide the proof that continuing education has been completed? - ANSWER
The Individual Licensee
In order to transact surety business in the State of Ohio, the Ohio Department of
Insurance has to issue - ANSWER Certificate of authority
Which of the following are not authorized to perform bail bonds? -A- Detention center
employees.
B- Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or
Presenting any information to the public that is false or untrue, deceptive or misleading
is: - ANSWER A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - ANSWER Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - ANSWER
License is null and void
Which of the following is true of Build-Up Funds? - ANSWER The fund shall not exceed
forty percent of the premium.
One cannot deliver and execute a bond as a Surety Bail Bond Agent for how many days
after the license is initially issued? - ANSWER 180 days
When are an Insurance license considered inactive when the fees are paid but: -
ANSWER License is null and void
A non-admitted insurer is a/an - ANSWER A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - ANSWER
Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance
, any convictions or crimes other than minor traffic offenses? - ANSWER 30 days
How many hours of continuing education does a Surety Bail Agent have to complete? -
ANSWER 7 hours per year
Making any fraudulent or dishonest or coercive practice in connection with the business
of
Insurance is a felony in the State of Ohio, if this felony crosses state lines, where will the
parties be
taken to court? - ANSWER Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
ANSWER A - Order the insurer, agent, or agency to pay expenses incurred by the
Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What does an applicant have to be to apply for a Surety Bail license? - ANSWER Of high
character and integrity.
Who has to provide the proof that continuing education has been completed? - ANSWER
The Individual Licensee
In order to transact surety business in the State of Ohio, the Ohio Department of
Insurance has to issue - ANSWER Certificate of authority
Which of the following are not authorized to perform bail bonds? -A- Detention center
employees.
B- Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or
