Bail bonds test questions with correct answers

Bail bonds test questions with correct answers
Presenting |any |information |to |the |public |that |is |false |or |untrue, |deceptive |or |misleading |is:
|- |VERIFIED |ANSWER✔✔-A |- |Unfair |Trade |Practice

B |- |Misrepresentation |and |false |advertising

To |meet |requirements, |those |who |apply |for |a |Surety |bail |License |must: |- |VERIFIED |
ANSWER✔✔-Must |submit |to |a |written |examination.

An |Insurance |license |is |considered |inactive |when |the |fees |are |paid |but: |- |VERIFIED |
ANSWER✔✔-License |is |null |and |void

Which |statement |is |true |of |Build-Up |Funds? |- |VERIFIED |ANSWER✔✔-The |fund |shall |not |
exceed |forty |percent |of |the |premium.

A |Surety |Bail |Bond |Agent |cannot |deliver |and |execute |a |bond |for |how |many |days |after |the |
license |is |initially |issued? |- |VERIFIED |ANSWER✔✔-180 |days

An |Insurance |license |is |considered |inactive |when |the |fees |are |paid |but: |- |VERIFIED |
ANSWER✔✔-License |is |null |and |void

A |non-admitted |insurer |is |a/an |- |VERIFIED |ANSWER✔✔-A |- |Domestic |Insurer
B |- |Alien |Insurer
C |- |Foreign |Insurer

The |Director |of |the |Department |of |Insurance |has |the |following |duties |except |- |VERIFIED |
ANSWER✔✔-Setting |insurance |rates

A |Surety |Bail |Bond |Agent |has |how |many |days |to |report |to |the |Department |of |Insurance |any
|convictions |or |crimes |other |than |minor |traffic |offenses? |- |VERIFIED |ANSWER✔✔-30 |days




How |much |continuing |education |must |a |Surety |Bail |Agent |complete? |- |VERIFIED |
ANSWER✔✔-7 |hours |every |year

Engaging |in |any |fraudulent |or |dishonest |or |coercive |practice |in |connection |with |the |
business |of
Insurance |is |a |crime |in |the |State |of |Ohio, |if |this |crime |crosses |state |lines, |where |will |the |
parties |be
prosecuted? |- |VERIFIED |ANSWER✔✔-Federal |court

If |the |Director |of |Insurance |finds |an |agent |guilty |of |Unfair |Trade |Practices, |he |may |- |
VERIFIED |ANSWER✔✔-A |- |Order |the |insurer, |agent, |or |agency |to |pay |expenses |incurred |by |
the |Director |for |the |investigation.
B |- |Order |the |person |or |company |to |cease |and |desist
C |- |Suspend |or |revoke |their |license

What |are |the |requirements |for |a |person |to |apply |for |a |Surety |Bail |license? |- |VERIFIED |
ANSWER✔✔-Be |a |person |of |high |character |and |integrity.

Who |is |responsible |to |show |proof |that |the |continuing |education |has |been |completed? |- |
VERIFIED |ANSWER✔✔-The |Individual |Licensee

To |transact |surety |business |in |the |State |of |Ohio, |the |Ohio |Department |of |Insurance |must |
issue |- |VERIFIED |ANSWER✔✔-Certificate |of |authority

, Which |persons |are |prohibited |from |executing |bail |bonds? |- |VERIFIED |ANSWER✔✔-A |- |
Employees |of |detention |centers.
B |- |Court |employees.

Surety |Bail |Bond |Agents |shall |maintain |all |record |of |Surety |Bonds |executed |or |
countersigned |by |the
agent |for: |- |VERIFIED |ANSWER✔✔-Three |years

If |a |Surety |Bail |Bond |Agent |countersigns |a |Surety |Bail |Bond |and |sent |an |office |secretary |to |
go |to |the |court |house |or |jail |to |post |a |bond, |this |is: |- |VERIFIED |ANSWER✔✔-Not |allowed

Timely |manner |to |fulfill |a |refund |obligation |is |- |VERIFIED |ANSWER✔✔-30 |days

Offering |to |divide |and |commission |from |the |business |of |Surety |Bail |Bonds |is |called |- |
VERIFIED |ANSWER✔✔-Rebating

When |may |the |Director |of |the |Ohio |Department |of |Insurance |make |an |examination |of |the |
financial
conditions |of |a |domestic |insurance |company |transacting |business |within |the |State |of |Ohio?
|- |VERIFIED |ANSWER✔✔-Whenever |they |deem |necessary




The |surrender |by |one |state |or |country |to |another |of |an |individual |accused |of |a |crime |is |
called: |- |VERIFIED |ANSWER✔✔-Extradition

The |detaining |of |a |person |by |virtue |of |lawful |process |or |authority |is |called: |- |VERIFIED |
ANSWER✔✔-Custody

formal |written |accusation |originating |with |the |prosecutor |and |issued |by |a |grand |jury |
against |a |party |charged |with |a |crime |is |called: |- |VERIFIED |ANSWER✔✔-Indictment

Which |of |the |following |statements |is |false? |- |VERIFIED |ANSWER✔✔-The |surety |bail |bond |
agent |can |collect |interest |on |collateral |for |his |own |benefits.

The |power |of |the |court |to |take |cases |from |particular |geographical |are |and |limits |the |
boundaries |is |what |jurisdiction? |- |VERIFIED |ANSWER✔✔-Limited

The |power |that |the |public |assumes |the |agent |to |have |is? |- |VERIFIED |ANSWER✔✔-Apparent

An |order |issued |from |a |court |requiring |the |performance |of |a |specific |act, |giving |authority |to
|have |it |done |is |called. |- |VERIFIED |ANSWER✔✔-Writ




How |long |shall |a |Surety |Bail |Bond |Agent |maintain |his |records? |- |VERIFIED |ANSWER✔✔-
Three |years |after |the |bond |is |over

The |intentional |misrepresentation, |deceit, |or |concealment |of |a |material |fact |know |to |a |
person |with |intentions |of |causing |injury |to |the |other |party |is |called: |- |VERIFIED |ANSWER✔✔-
Fraud

A |verbal |agreement |that |sets |the |conditions |of |the |agreement |are: |- |VERIFIED |ANSWER✔✔-
Informal

When |the |applicant |applies |for |a |Surety |Bail |Bond |by |completing |the |application, |this |is |
considered |- |VERIFIED |ANSWER✔✔-Offer