CA Bail Agent Licensing Practice Test questions and answers

Transact as applied to insurance includes - answer-Solicitation, Negotiations preliminary to execution, execution of a contract of insurance, Transaction of matters subsequent to execution of the contract. True of False? Any person who transacts insurance without a valid license is gulity of a misdemeanor punishable by a fine not exceeding fifty thousand dollars. - answer-True The Commissioner shall begin providing information to the Franchise Tax board - answer-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. - answer-True The Commissioner may deny an application for any license if: - answer-An applicant is not properly qualified to perform the duties of a person holding the license applied for. The granting of the license will be against public interest. The applicant is not of good business reputation. The applicant is lacking in integrity. How are fiduciar