BAIL BONDS ACTUAL FINAL EXAM QUESTIONS AND
ANSWERS MARKED A+
✔✔Actual authority - ✔✔Authority which is granted to the agent by contract
✔✔Apparent authority - ✔✔assumed by the public to be actual authority, but not truly
allotted by the insurer
✔✔Five elements of a valid contract - ✔✔Agreement
Proposition
Consideration
Competency
Legality
✔✔With what officials must a bondsman register? - ✔✔The Sheriffs office and the Clerk
of Court in their county of residince, as well as all counties that the bondsman intends to
write bonds
✔✔How often must a bondsman register? - ✔✔Before writing their first bond and before
April 1st of every odd numbered year
✔✔What 3 bail bond records must a bondsman keep? - ✔✔A daily register
An individual file for each defendant
Record of premiums received by the insurance company
✔✔How long must a bondsman keep records? - ✔✔3 years after discharge
✔✔What are normal business hours? - ✔✔At least 8 hours a day, Mon - Fri, between
8am and 6pm
✔✔During what hours may a bondsman phone or solicite the residence of a detainee in
domestic violence situations? - ✔✔Between 8am and 9pm
✔✔What information must appear on a bondsmans sign? - ✔✔Business name...
readable from a reasonable distance away
✔✔What information regarding bonds may NOT appear on a bondsmans sign? - ✔✔the
name may not imply a reduced rate of premium
✔✔Where is it illegal for a bondsman to solicit business? - ✔✔In or around any court or
place where prisoners are kept or the grounds of said property or adjacent property
✔✔What types of persons may NOT be employed in a bail bonds office/ - ✔✔Anyone
with the power to arrest or detain prisoners
, Anyone guilty of a felony
Anyone denied a license or had a license cancelled in any state
✔✔Concealment - ✔✔the intentional withholding of facts
✔✔False swearing - ✔✔A falsehood put in writing and sworn before a notary
✔✔General agent - ✔✔Person appointed by a surety company to supervise agents
✔✔Misrepresentation - ✔✔Untrue statements made before a contract is signed
✔✔Waiver - ✔✔The giving up of a known right
✔✔Perjury - ✔✔Lie told under oath
✔✔Execute - ✔✔To complete and sign
✔✔Void - ✔✔Unenforceable by either party
✔✔Agency - ✔✔Relationship in which one person acts on behalf of another
✔✔Valid - ✔✔Enforceable by either party
✔✔Obligee - ✔✔Party to whom the obligation is owed... the President and the Governor
of Florida
✔✔Obligor - ✔✔Party who owes the obligation - the Principal
✔✔Surety - ✔✔Party that takes responsibility for the actions of the obligor and pays for
the obligor defaulting if they do
✔✔Who may approve and accept a Bail Bond? - ✔✔The Sheriff or the committing
magistrate
✔✔Who may approve and accept an Appeal Bond? - ✔✔The Clerk of the Trial Court
✔✔What other fee may a bondsman accept in addition to premium? - ✔✔A transfer fee
of up to $100 per defendant
✔✔What if the most a transfer fee can be? - ✔✔$100 per defendant
✔✔What if the percentage of premium on a Federal Bond? - ✔✔15%
ANSWERS MARKED A+
✔✔Actual authority - ✔✔Authority which is granted to the agent by contract
✔✔Apparent authority - ✔✔assumed by the public to be actual authority, but not truly
allotted by the insurer
✔✔Five elements of a valid contract - ✔✔Agreement
Proposition
Consideration
Competency
Legality
✔✔With what officials must a bondsman register? - ✔✔The Sheriffs office and the Clerk
of Court in their county of residince, as well as all counties that the bondsman intends to
write bonds
✔✔How often must a bondsman register? - ✔✔Before writing their first bond and before
April 1st of every odd numbered year
✔✔What 3 bail bond records must a bondsman keep? - ✔✔A daily register
An individual file for each defendant
Record of premiums received by the insurance company
✔✔How long must a bondsman keep records? - ✔✔3 years after discharge
✔✔What are normal business hours? - ✔✔At least 8 hours a day, Mon - Fri, between
8am and 6pm
✔✔During what hours may a bondsman phone or solicite the residence of a detainee in
domestic violence situations? - ✔✔Between 8am and 9pm
✔✔What information must appear on a bondsmans sign? - ✔✔Business name...
readable from a reasonable distance away
✔✔What information regarding bonds may NOT appear on a bondsmans sign? - ✔✔the
name may not imply a reduced rate of premium
✔✔Where is it illegal for a bondsman to solicit business? - ✔✔In or around any court or
place where prisoners are kept or the grounds of said property or adjacent property
✔✔What types of persons may NOT be employed in a bail bonds office/ - ✔✔Anyone
with the power to arrest or detain prisoners
, Anyone guilty of a felony
Anyone denied a license or had a license cancelled in any state
✔✔Concealment - ✔✔the intentional withholding of facts
✔✔False swearing - ✔✔A falsehood put in writing and sworn before a notary
✔✔General agent - ✔✔Person appointed by a surety company to supervise agents
✔✔Misrepresentation - ✔✔Untrue statements made before a contract is signed
✔✔Waiver - ✔✔The giving up of a known right
✔✔Perjury - ✔✔Lie told under oath
✔✔Execute - ✔✔To complete and sign
✔✔Void - ✔✔Unenforceable by either party
✔✔Agency - ✔✔Relationship in which one person acts on behalf of another
✔✔Valid - ✔✔Enforceable by either party
✔✔Obligee - ✔✔Party to whom the obligation is owed... the President and the Governor
of Florida
✔✔Obligor - ✔✔Party who owes the obligation - the Principal
✔✔Surety - ✔✔Party that takes responsibility for the actions of the obligor and pays for
the obligor defaulting if they do
✔✔Who may approve and accept a Bail Bond? - ✔✔The Sheriff or the committing
magistrate
✔✔Who may approve and accept an Appeal Bond? - ✔✔The Clerk of the Trial Court
✔✔What other fee may a bondsman accept in addition to premium? - ✔✔A transfer fee
of up to $100 per defendant
✔✔What if the most a transfer fee can be? - ✔✔$100 per defendant
✔✔What if the percentage of premium on a Federal Bond? - ✔✔15%
