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Exam (elaborations)

NC Bail Bondsman State Exam || All Solved.

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NC Bail Bondsman State Exam || All Solved.

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NC Bail Bondsman State Exam || All Solved.
Bail = correct answers Money

Bond = correct answers Agreement

Define Bail correct answers a constitutional right by which the United States Criminal Justice
System permits the release of a principal from custody while ensuring his appearance at all
required Court proceedings

Principal correct answers a defendant or witness who is legally required to appear in court

Bail Bond correct answers an undertaking by the principle to appear in court as required upon
penalty for forfeiting bail to the state in a stated amount

premium correct answers fee in exchange for posting the bond

What Is The Highest precentage a bondsman can charge in premium correct answers 15%

define indemnitor correct answers A Co-Signer

what is the percentage a bondsman can charge in collateral correct answers 100%

Define Collateral correct answers something of value pledged by the defendant or on the
behalf of the defendant

Define Forfeit correct answers the process of losing or giving up

three types of bail bondsman correct answers 1.) Surety bondsman
2.) professional bondsman
3.) accommodation bondsman

Bondsman Recovery Rate (percentage) correct answers 98%

purpose of a bail bond correct answers to ensure a defendant's appearance in court

consequences of FTA correct answers 1.) the posted bail is forfeited
2.) order for arrest

Surety correct answers a person or entity legally responsible for the bond

arrest of a defended by a bondsman correct answers extension of the original arrest

Define Magistrate correct answers regular citizens who are appointed by the resident Superior
Court Judge of each County

magistrates are authorized to correct answers 1.) issue arrest warrants
2.)search warrants
3.)Simmons
4.) subpoenas

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