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Exam (elaborations)

Bail Bonds Louisiana Exam With 100% Correct And Verified Answers 2024

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Bail Bonds Louisiana Exam With 100% Correct And Verified Answers 2024 Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answer-the party who owes the duty or debt; principal; in bail,the defendant Appearance bond - Correct Answer-the range of a criminal defendant's bond Types of criminal defendant bonds - Correct Answer-Bail Bonds Appeal Bonds Supersedes Bonds Habeas Corpus Bonds Extradition Bonds Civil Contempt Bonds Ne Exeat Bonds Secured Personal Surety - Correct Answer-personal surety who meets all the qualifications of law and specifically, mortages, immovable property located in the state of Louisiana The Surety - Correct Answer-the individual/company who pledges to fulfill the obligation if the obligor defaults, or in lieu thereof, to pay a specified sum of money. The sum is called the face amount of the bond. Formal Contract - Correct Answer-A contract made binding by the oberservance of required formalities regardless of the giving of consideration; specifically a contract the is a contract underseal, a recognizance, a letter of credit, or negotiable instruments Poilcy/certificate - Correct Answer-any contract of insurance, indemnity, medical, health or hospital service, suretyship, or annuity issued, proposed for issuance, or intended for issuance by any insurer Insurance - Correct Answer-Companies and their producers are regulated by the Insurance Commissioner and his staff in the DOI; an of the lines of authority specified in RS 22:1547 Bail - Correct Answer-Monetary or other form of security to insure the appearance of the defendant at every stage of the criminal proceedings; any type of pretrial release Probable Cause - Correct Answer-Facts sufficient to cause a person of reasonable caution to believe a crime has been committed and if applicable that a specific person has committed the crime 2 types of personal surety - Correct Answer-Unsecured and Secured Voluntarily Surrender - Correct Answer-personal appearance without confinement by a law enforcement officer or bail recovery agent Surety - Correct Answer-One who undertakes to pay money or perform some act if the principal fails to pay or perform Producer - Correct Answer-A person required to be licensed under the laws of this state to sell, solicit, or negotiate insurance, and includes all persons or business entities otherwise referred to in the La. Insurance code False Swearing - Correct Answer-when a person tells a lie under oath,and it is put in writing and sworn before a notary or other such official Waiver - Correct Answer-implies giving up of a known right Offer & Acceptance - Correct Answer-one party must take a proposition to the other and the other must accept the proposal Competent Parties - Correct Answer-sometimes referred to as "sui juris" parties The parties must be legal age and in no way mentally impaired Breach of Contract - Correct Answer-One party's failure to perform some act, which be contractually agreed to do. In addition the aggrieved party may ask for monetary damages under a suit Unilateral Contract - Correct Answer-A contract in which only one party is obligated to perform. Compare to bilateral contracts Contract - Correct Answer-an agreement between 2 or more persons which is legally binding Informal Contract - Correct Answer-Any contract that is not formal contract. Also called simple contract Bilateral Contract - Correct Answer-A contract in which both parties have promised to perform.

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