SOLUTIONS GRADED A+
✔✔A person may negotiate the undertaking of bail just not deliver such undertaking.
True or false - ✔✔False
✔✔Does solicit mean to imply that one is a licensed agent in written or printed
advertisements? - ✔✔Yes
✔✔Does solicit mean to imply that one is a licensed agent and advertising by
telephone? - ✔✔Yes
✔✔Does solicit mean to imply that one is a licensed agent in advertising by radio? -
✔✔Yes
✔✔Does solicit mean to imply that one is a licensed agent in advertising by TV? -
✔✔Yes
✔✔As used in the insurance regulations, bail or transactions of bail include a bail bond?
- ✔✔Yes
✔✔As used in the insurance regulations, bail or transactions of bail include a release by
means of depositing cash or property and in Lou of giving bail? - ✔✔Yes
✔✔As used in the insurance regulations, bail or transactions of bail include an
undertaking of bail? - ✔✔Yes
✔✔What are the three types of licenses? - ✔✔Agent, solicitor, permittee
✔✔A bail agent is required to have a $_____ bond. - ✔✔1,000
✔✔Every applicant for a license to act as a bail agent must file with the commissioner a
"Notice of _______" execution by a surety. - ✔✔Appointment
✔✔A bail license may purchase and use the business DBA of another if the
predecessor has conducted the business for a period of ______ - ✔✔Two consecutive
years or more
✔✔A bail permittee is required to have a &_____ bond - ✔✔5,000
✔✔A bail solicitor may: - ✔✔Only conduct the business under the name of his or her
employer
, ✔✔A bail solicitor is required to have a $_____ bond - ✔✔1,000
✔✔Can a natural person who has been in the United States lawfully for over three years
be a bail agent? - ✔✔No
✔✔Can a person of good business reputation be a bail agent? - ✔✔Yes
✔✔Can a person with a good general reputation be a bail agent? - ✔✔Yes
✔✔The insurance commissioner made the Klein to issue a bail license until he is
satisfied that the applicant is of a good business reputation. True or false - ✔✔True
✔✔The insurance commissioner made the client issue a bail license until he is satisfied
that the applicant is a good general reputation. True or false - ✔✔True
✔✔The insurance commissioner made the client to issue a bail license until he is
satisfied that the applicant is of good moral reputation. True or false - ✔✔False
✔✔The insurance commissioner may decline to issue a bail license until he is satisfied
that the applicant is a fit and proper person to hold a license applied for. True or false -
✔✔True
✔✔With regard to the bail licensee the commissioner may suspend or revoke any bail
license for any cause for which she denies such license. True or false - ✔✔True
✔✔With regard to the bail licensees, the commission or may not revoke the license
without first granting a hearing upon reasonable notice to the applicant. True or false -
✔✔True
✔✔With regard to the bail licensee, the commissioner me temporarily suspended
license for up to 15 days pending a hearing. True or false - ✔✔True
✔✔The insurance commissioner shall not suspend or revoke any license, without first
granting a hearing, upon reasonable notice to the applicant, except that he may
temporarily suspended license for a period not exceeding - ✔✔15 days
✔✔When does the bail rice since expire? - ✔✔On the first day of the next month or two
years from the month it was issued
✔✔The provision of law relating to unlawful rebates: - ✔✔Shall not apply to the
commissions paid or exchange between bail licensees
✔✔A natural person is defined as: - ✔✔A human being