NC Bail Bondsman Exam Practice Questions and Answers

NC Bail Bondsman Exam Practice Questions and Answers 1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - Answer️️ -B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed. - Answer️️ -A) person who charges a fee (money) for posting a bond 3) How can an accommodation bondsman post bonds? A) Cash B) property C) A and B ©SOPHIABENNETT@ Monday, August 19, 2024 10:10 PM D) certification of equivalent funds in stocks and bonds form 2104-B - Answer️️ -C) A and B 4) What is the definition of a bail bond? A. An undertaking by the principal to appear in court upon penalty of forfeiting bail B. A legal instrument indicating the amount of bond required and when payable C. A legal instrument giving the right to foreclose on a property D. All the above - Answer️️ -A. An undertaking by the principal to appear in court upon penalty of forfeiting bail Which one is NOT a type of bail bond? A) Unsecured B) Signed title to motor vehicle C) Premium Secured D) Property - Answer️️ -B) Signed title to motor vehicle What are the three areas of North Carolina Bail Bond law? A. Chapter 15 A, Article 26, Chapter 58 Article 71, NC Administrative code B. Chapter 15 A, article 26, chapter 58 article 71, department of insurance regulatory code C. Chapter 15 A, article 26, chapter 58 article 70, NC administrative code ©SOPHIABENNETT@ Monday, August 19, 2024 10:10 PM D. Chapter 29B, Article 62, chapter 85, article 17, NC administrative code - Answer️️ -A. Chapter 15 A Article 26, Chapter 58 Article 71, NC Administrative code If there is conflict between the areas of bail bond law, what is first in the order of authority? A. Chapter 58 article 71 B. Chapter 15A Article 26 C. Chapter 15A Article 22 D. NC Administrative Code - Answer️️ -B. Chapter 15A article 26 Who is in charge of regulating bail bondsmen and runners? A. North Carolina Department of Justice B. North Carolina Department of Insurance C. County and Municipal Government D. Local School Board Attorneys - Answer️️ -B. North Carolina Department of Insurance Who is the elected head of the North Carolina Department of Insurance. A. Commissioner of Insurance B. Governor C. Lieutenant Governor D. Attorney General - Answer️️ -A. Commissioner of Insurance ©SOPHIABENNETT@ Monday, August 19, 2024 10:10 PM What persons are not prohibited from becoming licensed as bail bondsmen or runners? A) sheriff B) deputy sheriff C) officers in any branch of the united starts armed services D) attorney - Answer️️ -C) officers in any branch of the united states armed services What is one of the two restrictions for persons prohibited from becoming bail bondsman or runners? A. Shall not act as an agent for any bail bond company of bail bondsman B. Shall not be above the age of 75 C. Cannot have used the services of a NC Bail Bondsman in the preceding 12 months D. Cannot have any contact including casual conversations with any bail bondsman - Answer️️ -A. Shall not act as an agent for any bail bond company of bail bondsman What is not one of the general qualifications for bail bondsmen and runners? A) 18 years old B) Resident for at least 2 years ©SOPHIABENNETT@ Monday, August 19, 2024 10:10 PM C) hand knowledge training or experience of sufficient duration and extent to provide the competence necessary to fulfill the responsibilities of a license D) have no outstanding bail bond obligations - Answer️️ -B) Resident for at least 2 years Which is not considered proof of residency? A) Pay stub B) Utility Bill C) Written Lease Agreement / Contract for purchase D) Birth Certificate - Answer️️ -D) Birth Certificate If a bondsman's license is revoked what is the minimum revocation period? A. No Minimum B. 10 days C. 20 days D. 30 days - Answer️️ -A. No minimum If a bondsman's license is revoked what is the max