1|Page
CALIFORNIA STATE BAIL BONDS TEST EXAM
ACTUAL PREP QUESTIONS AND WELL
REVISED ANSWERS - LATEST AND COMPLETE
UPDATE WITH VERIFIED SOLUTIONS –
ASSURES PASS
"Transact" as applied to insurance includes...
All of the above
(True or False) Any person who transacts insurance without a valid license is
guilty of a misdemeanor punishable by a fine not exceeding fifty thousand dollars
True
The commissioner shall begin providing information to the Franchise Tax Board...
July 1, 1987
(True or False) Except as provided in Section 1669, a license shall not be denied
without an opportunity to the applicant to be heard in support of his application
True
,2|Page
The commissioner may deny an application for any license if...
All of the above
The commissioner may, without hearing, deny an application if the application
has...
All of the above
The application is automatically denied without prejudice if the filing is not
complete within
1 year
If an applicant is caught cheating on the examination, the commissioner shall bar
any candidate from taking any license examination for a period of...
5 years
Every licensee shall give notice of address change to the commissioner...
Immediately
, 3|Page
All funds received, by any person acting as a licensee, as premium shall be held in
a _____ capacity
Fiduciary
How are fiduciary funs kept?
All the above are correct
(True or false) If a persona named under a license held by an organization commits
any act that is grounds for suspension or revocation of the license, the action may
be taken against the organization...
True
A licensee may elect in writing to pay a specified money penalty in lieu of a
license suspension...
All of the above
CALIFORNIA STATE BAIL BONDS TEST EXAM
ACTUAL PREP QUESTIONS AND WELL
REVISED ANSWERS - LATEST AND COMPLETE
UPDATE WITH VERIFIED SOLUTIONS –
ASSURES PASS
"Transact" as applied to insurance includes...
All of the above
(True or False) Any person who transacts insurance without a valid license is
guilty of a misdemeanor punishable by a fine not exceeding fifty thousand dollars
True
The commissioner shall begin providing information to the Franchise Tax Board...
July 1, 1987
(True or False) Except as provided in Section 1669, a license shall not be denied
without an opportunity to the applicant to be heard in support of his application
True
,2|Page
The commissioner may deny an application for any license if...
All of the above
The commissioner may, without hearing, deny an application if the application
has...
All of the above
The application is automatically denied without prejudice if the filing is not
complete within
1 year
If an applicant is caught cheating on the examination, the commissioner shall bar
any candidate from taking any license examination for a period of...
5 years
Every licensee shall give notice of address change to the commissioner...
Immediately
, 3|Page
All funds received, by any person acting as a licensee, as premium shall be held in
a _____ capacity
Fiduciary
How are fiduciary funs kept?
All the above are correct
(True or false) If a persona named under a license held by an organization commits
any act that is grounds for suspension or revocation of the license, the action may
be taken against the organization...
True
A licensee may elect in writing to pay a specified money penalty in lieu of a
license suspension...
All of the above
