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Exam (elaborations)

Bail bondsman questions with correct answers

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Bail CORRECT ANSWER-Security required (monetary amount) for the release of a person from jail Bond CORRECT ANSWER-Obligation for the amount of bail by the person who signs the bond Accommodation bondsman CORRECT ANSWER-Not a licensed bail bondsman but uses value or property to get someone out of jail. THis person can not take money Bail bond CORRECT ANSWER-Undertaking by the principal to appear in court as required upon penalty of forfeiting bail to the state in a stated amount What are the ways a person can promise to be in court CORRECT ANSWER-Unsecured bond Premium secured Cash deposit-full amount of the bond` Mortgage Least one solvent surety- 2 or more persons can combine incomes Insurer CORRECT ANSWER-Any domestic, foreign, or alien surety company which has qualified generally to transact bail bond business in this state Obliged CORRECT ANSWER-Principal or surety on a bail bond Principal CORRECT ANSWER-Defenda

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Institution
Bail Bonds
Course
Bail Bonds

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Uploaded on
November 12, 2023
Number of pages
34
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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