CA Bail Agent Licensing Practice Test questions
with correct answers
Transact |as |applied |to |insurance |includes |- |VERIFIED |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. |- |VERIFIED |
ANSWER✔✔-True
The |Commissioner |shall |begin |providing |information |to |the |Franchise |Tax |board |- |VERIFIED |
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. |- |VERIFIED |
ANSWER✔✔-True
The |Commissioner |may |deny |an |application |for |any |license |if: |- |VERIFIED |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 |fiduciary |funds |kept? |- |VERIFIED |ANSWER✔✔-In |an |account |separate |from |a |bail |
agents' |personal |assets. |In |a |savings |account. |In |a |non-interest |bearing |account |.
A |bail |solicitor |may |- |VERIFIED |ANSWER✔✔-only |conduct |business |under |the |name |of
|his/her |employer
Any |person |who |transact |insurance |without |a |valid |license |is |guilty |of |a |- |VERIFIED |
ANSWER✔✔-Misdemeanor |punishable |by |a |fine |not |exceeding |$50000
As |used |in |the |ins. |regs. |bail |or |transactions |of |bail |includes |- |VERIFIED |ANSWER✔✔-a |bail |
bond |release |by |means |of |depositing |cash |or |property |and |in |lieu |of |giving |bail |, |an |
undertaking |of |bail
Within |____ |after |an |order, |the |subject |person |may |file |with |the |commissioner |an |
application |of |hearing |- |VERIFIED |ANSWER✔✔-30 |Days
Within |___ |after |a |subject |person |has |been |served |with |an |order |of |suspension, |the |person |
may |apply |to |the |superior |court |for |a |stay |of |the |order. |- |VERIFIED |ANSWER✔✔-10 |Days
If |the |commissioner |fails |to |commence |the |hearing |within___ |after |the |application |is |filed, |
the |order |shall |be |deemed |rescinded |as |if |it |had |not |been |issued. |- |VERIFIED |ANSWER✔✔-
15 |Business |days.
Any |bail |agent |who |willfully |fails |to |deliver |a |defendant |to |custody |within |48 |hours |is |guilty |
of |- |VERIFIED |ANSWER✔✔-A |misdemeanor
How |many |does |the |court |clerk |have |to |mail |a |notice |of |forefeiture |to |the |surety |if |a |bond |
exceeds |four |hundred |dollars? |- |VERIFIED |ANSWER✔✔-30 |Days
with correct answers
Transact |as |applied |to |insurance |includes |- |VERIFIED |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. |- |VERIFIED |
ANSWER✔✔-True
The |Commissioner |shall |begin |providing |information |to |the |Franchise |Tax |board |- |VERIFIED |
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. |- |VERIFIED |
ANSWER✔✔-True
The |Commissioner |may |deny |an |application |for |any |license |if: |- |VERIFIED |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 |fiduciary |funds |kept? |- |VERIFIED |ANSWER✔✔-In |an |account |separate |from |a |bail |
agents' |personal |assets. |In |a |savings |account. |In |a |non-interest |bearing |account |.
A |bail |solicitor |may |- |VERIFIED |ANSWER✔✔-only |conduct |business |under |the |name |of
|his/her |employer
Any |person |who |transact |insurance |without |a |valid |license |is |guilty |of |a |- |VERIFIED |
ANSWER✔✔-Misdemeanor |punishable |by |a |fine |not |exceeding |$50000
As |used |in |the |ins. |regs. |bail |or |transactions |of |bail |includes |- |VERIFIED |ANSWER✔✔-a |bail |
bond |release |by |means |of |depositing |cash |or |property |and |in |lieu |of |giving |bail |, |an |
undertaking |of |bail
Within |____ |after |an |order, |the |subject |person |may |file |with |the |commissioner |an |
application |of |hearing |- |VERIFIED |ANSWER✔✔-30 |Days
Within |___ |after |a |subject |person |has |been |served |with |an |order |of |suspension, |the |person |
may |apply |to |the |superior |court |for |a |stay |of |the |order. |- |VERIFIED |ANSWER✔✔-10 |Days
If |the |commissioner |fails |to |commence |the |hearing |within___ |after |the |application |is |filed, |
the |order |shall |be |deemed |rescinded |as |if |it |had |not |been |issued. |- |VERIFIED |ANSWER✔✔-
15 |Business |days.
Any |bail |agent |who |willfully |fails |to |deliver |a |defendant |to |custody |within |48 |hours |is |guilty |
of |- |VERIFIED |ANSWER✔✔-A |misdemeanor
How |many |does |the |court |clerk |have |to |mail |a |notice |of |forefeiture |to |the |surety |if |a |bond |
exceeds |four |hundred |dollars? |- |VERIFIED |ANSWER✔✔-30 |Days
