NC Bail Bondsman Questions and Correct Answers

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NC Bail Bondsman Questions and Correct
Answers
1) Which statute regulates bondsman's daily business?

A) 15 A Article 26

B) Chapter 58 Article 71

C) Chapter 75

D) DOI Ans: 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. Ans: A) person who charges a fee
(money) for posting a bond

3) How can an accommodation bondsman post bonds?

A) Cash

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B) property

C) A and B

D) certification of equivalent funds in stocks and bonds form
2104-B Ans: 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 Ans: 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 Ans: B) Signed title to motor vehicle


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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

D. Chapter 29B, Article 62, chapter 85, article 17, NC
administrative code Ans: 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 Ans: B. Chapter 15A article 26

Who is in charge of regulating bail bondsmen and runners?

A. North Carolina Department of Justice


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B. North Carolina Department of Insurance

C. County and Municipal Government

D. Local School Board Attorneys Ans: 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 Ans: A. Commissioner of Insurance

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 Ans: C) officers in any branch of the united states
armed services


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