Bail bonds fl state exam key terms questions and answers | 100% correct | latest update 2024/2025

Bail bonds fl state exam key terms questions and answers | 100% correct | latest update 2024/2025 Limited surety Agents of insurance companies. Contract A legally binding agreement between two or more people. Acquit To set free Adjudicate To decide a matter based on evidence presented by the court Affidavit A written statement given voluntarily under oath before a notary or other official Agency A business location at which a licensed and appointed bail bond agent engages in any activity under the license and appointment of bail bonds Appeal The act of asking a higher court to review the judgement of a lower court and reverse the lower courts decision Appeal bond Operates as a bail bond for an appellant in criminal case Appearance bond In a criminal proceeding guarantees the defendant will appear in court Appellant A person who brings an appeal Appellee Party against whom the appeal is taken Attorney in fact One who is an agent or representative of another who is given authority to act on behalf of another Authority (actual) The authority expressly given to an agent by contract and or by a power of attorney Authority (Apparent) The authority the public may reasonably believe an agent has Authority (express) Same as actual authority Bail Monetary or other form of security given to ensure the appearance of the defendant at every stage of the proceeding Bail bond The document extended to secure the release of an individual in custody by law Bail bond agent A limited surety agent of professional bail bond agent Bond A written instrument in which a party agrees to perform some act for the benefit of a second party, and the third party agrees to pay the sum of money fixed as the penalty Bondsman Same as bail bond agent Build up fund An optional fu d that is held in trust for the limited surety company and into which all bond premiums are paid Capias A writ commanding the arrest of a person so that he may be compelled to appear before the court Capital offense A felony for which the punishment may be the death penalty Collateral security Something of value given by or on behalf of the defendant to protect the surety from loss Collateralise To make secure with collateral Committing magistrate Any judicial officer with the power to commit a person to jail Concealment Intentional withholding of material facts Consideration The bargaining portion of a contract Contempt bond Give. In civil cases to guarantee the principal will obey the orders of the court in the future. Contempt of court (civil) Failure to do something the court has ordered for the benefit of another party to the proceeding Contempt of court (criminal) An act of contempt against the court itself , usually occurs in the court itself. Punishment is usually given immediately and bail isn't possible Contract A legally binding agreement between two or more people. Conversion The unlawful assumption of ownership of the property of another Conviction In criminal proceedings, the final finding of guilt by a judge or jury. Corporate surety A legal business entity (company) created by law for the purpose of issuing any or all types of bonds Co sureties Two or more sureties to the same obligation. Countersign To sign with or on behalf of another ; to endorse Default To fail to do what is required Defendant One who must defend themselves in some action at law, the accused Delegate To appoint , authorize , or commit. Department The department of financial services