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Bail Bonds Test Questions & Answers

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BAIL BONDS TEST QUESTIONS & ANSWERS

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BAIL BONDS TEST QUESTIONS & ANSWERS

Presenting any information to the public that is false or untrue, deceptive or misleading
is: - Answer -A - Unfair Trade Practice
B - Misrepresentation and false advertising

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

An Insurance license is considered inactive when the fees are paid but: - Answer -
License is null and void

Which statement is true of Build-Up Funds? - 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? - Answer -180 days

An Insurance license is considered inactive when the fees are paid but: - Answer -
License is null and void

A non-admitted insurer is a/an - Answer -A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer

The Director of the Department of Insurance has the following duties except - 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? - Answer -30 days

How much continuing education must a Surety Bail Agent complete? - 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? - Answer -Federal court

If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
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? - Answer -Be
a person of high character and integrity.

Who is responsible to show proof that the continuing education has been completed? -
Answer -The Individual Licensee

To transact surety business in the State of Ohio, the Ohio Department of Insurance
must issue - Answer -Certificate of authority

Which persons are prohibited from executing bail bonds? - 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: - 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: - Answer -Not allowed

Timely manner to fulfill a refund obligation is - Answer -30 days

Offering to divide and commission from the business of Surety Bail Bonds is called -
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? - Answer -Whenever they deem necessary

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

The detaining of a person by virtue of lawful process or authority is called: - Answer -
Custody

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

Which of the following statements is false? - 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? - Answer -Limited

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