Bail bonds test questions with answers
|\ |\ |\ |\ |\
Presenting any information to the public that is false or untrue,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
deceptive or misleading is: - CORRECT ANSWERS ✔✔A - Unfair
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Trade Practice |\
B - Misrepresentation and false advertising
|\ |\ |\ |\ |\
To meet requirements, those who apply for a Surety bail License
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
must: - CORRECT ANSWERS ✔✔Must submit to a written
|\ |\ |\ |\ |\ |\ |\ |\ |\
examination.
An Insurance license is considered inactive when the fees are
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
paid but: - CORRECT ANSWERS ✔✔License is null and void
|\ |\ |\ |\ |\ |\ |\ |\ |\
Which statement is true of Build-Up Funds? - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔The fund shall not exceed forty percent of the premium.
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
A Surety Bail Bond Agent cannot deliver and execute a bond for
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
how many days after the license is initially issued? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔180 days |\ |\
An Insurance license is considered inactive when the fees are
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
paid but: - CORRECT ANSWERS ✔✔License is null and void
|\ |\ |\ |\ |\ |\ |\ |\ |\
A non-admitted insurer is a/an - CORRECT ANSWERS ✔✔A -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Domestic Insurer |\
B - Alien Insurer
|\ |\ |\
, C - Foreign Insurer
|\ |\ |\
The Director of the Department of Insurance has the following
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
duties except - CORRECT ANSWERS ✔✔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? - CORRECT ANSWERS ✔✔30 days
|\ |\ |\ |\ |\ |\ |\
How much continuing education must a Surety Bail Agent
|\ |\ |\ |\ |\ |\ |\ |\ |\
complete? - CORRECT ANSWERS ✔✔7 hours every year |\ |\ |\ |\ |\ |\ |\
Engaging in any fraudulent or dishonest or coercive practice in
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
connection with the business of |\ |\ |\ |\
Insurance is a crime in the State of Ohio, if this crime crosses
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
state lines, where will the parties be
|\ |\ |\ |\ |\ |\
prosecuted? - CORRECT ANSWERS ✔✔Federal court |\ |\ |\ |\ |\
If the Director of Insurance finds an agent guilty of Unfair Trade
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Practices, he may - CORRECT ANSWERS ✔✔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
|\ |\ |\ |\ |\ |\
|\ |\ |\ |\ |\
Presenting any information to the public that is false or untrue,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
deceptive or misleading is: - CORRECT ANSWERS ✔✔A - Unfair
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Trade Practice |\
B - Misrepresentation and false advertising
|\ |\ |\ |\ |\
To meet requirements, those who apply for a Surety bail License
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
must: - CORRECT ANSWERS ✔✔Must submit to a written
|\ |\ |\ |\ |\ |\ |\ |\ |\
examination.
An Insurance license is considered inactive when the fees are
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
paid but: - CORRECT ANSWERS ✔✔License is null and void
|\ |\ |\ |\ |\ |\ |\ |\ |\
Which statement is true of Build-Up Funds? - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔The fund shall not exceed forty percent of the premium.
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
A Surety Bail Bond Agent cannot deliver and execute a bond for
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
how many days after the license is initially issued? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔180 days |\ |\
An Insurance license is considered inactive when the fees are
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
paid but: - CORRECT ANSWERS ✔✔License is null and void
|\ |\ |\ |\ |\ |\ |\ |\ |\
A non-admitted insurer is a/an - CORRECT ANSWERS ✔✔A -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Domestic Insurer |\
B - Alien Insurer
|\ |\ |\
, C - Foreign Insurer
|\ |\ |\
The Director of the Department of Insurance has the following
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
duties except - CORRECT ANSWERS ✔✔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? - CORRECT ANSWERS ✔✔30 days
|\ |\ |\ |\ |\ |\ |\
How much continuing education must a Surety Bail Agent
|\ |\ |\ |\ |\ |\ |\ |\ |\
complete? - CORRECT ANSWERS ✔✔7 hours every year |\ |\ |\ |\ |\ |\ |\
Engaging in any fraudulent or dishonest or coercive practice in
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
connection with the business of |\ |\ |\ |\
Insurance is a crime in the State of Ohio, if this crime crosses
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
state lines, where will the parties be
|\ |\ |\ |\ |\ |\
prosecuted? - CORRECT ANSWERS ✔✔Federal court |\ |\ |\ |\ |\
If the Director of Insurance finds an agent guilty of Unfair Trade
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
Practices, he may - CORRECT ANSWERS ✔✔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
|\ |\ |\ |\ |\ |\
