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Exam (elaborations)

BAIL BONDS Exam Questions with CORRECT Answers

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BAIL BONDS Exam Questions with CORRECT Answers

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BAIL BONDS 11 Questions with CORRECT Answers


Question:
Limited surety
Answer:
Agents of insurance companies.

Question:
Contract
Answer:
A legally binding agreement between two or more people.

Question:
Adjudicate
Answer:
To decide a matter based on evidence presented by the court

Question:
Affidavit
Answer:
A written statement given voluntarily under oath before a notary or other official

Question:
Agency
Answer:
A business location at which a licensed and appointed bail bond agent engages in
any activity under the license and appointment of bail bonds

Question:
Appeal
Answer:
The act of asking a higher court to review the judgement of a lower court and
reverse the lower courts decision

,Question:
Appeal bond
Answer:
Operates as a bail bond for an appellant in criminal case

Question:
Appearance bond
Answer:
In a criminal proceeding guarantees the defendant will appear in court

Question:
Appellant
Answer:
A person who brings an appeal

Question:
Appellee
Answer:
Party against whom the appeal is taken

Question:
Authority (actual)
Answer:
The authority expressly given to an agent by contract and or by a power of
attorney

Question:
(Apparent)
Answer:
The authority the public may reasonably believe an agent has

Question:
Authority (express)
Answer:
Same as actual authority

, Question:
Bail
Answer:
Monetary or other form of security given to ensure the appearance of the defendant
at every stage of the proceeding

Question:
Bail bond
Answer:
The document extended to secure the release of an individual in custody by law

Question:
Bail bond agent
Answer:
A limited surety agent of professional bail bond agent

Question:
Bond
Answer:
A written instrument in which a party agrees to perform some act for the benefit
of a second party, and the third party agrees to pay the sum of money fixed as the
penalty

Question:
Bondsman
Answer:
Same as bail bond agent

Question:
Build up fund
Answer:
An optional fu d that is held in trust for the limited surety company and into
which all bond premiums are paid

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