Bail bonds test || 100% Error-free,
Presenting any information to the public that is false or untrue, deceptive or misleading is:
correct answers A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: correct answers Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: correct answers
License is null and void
Which statement is true of Build-Up Funds? correct answers 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? correct answers 180 days
An Insurance license is considered inactive when the fees are paid but: correct answers
License is null and void
A non-admitted insurer is a/an correct answers A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except correct answers
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? correct answers 30 days
How much continuing education must a Surety Bail Agent complete? correct answers 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? correct answers Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may correct
answers 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? correct answers Be
a person of high character and integrity.
, Who is responsible to show proof that the continuing education has been completed? correct
answers The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue
correct answers Certificate of authority
Which persons are prohibited from executing bail bonds? correct answers 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: correct answers 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: correct answers Not allowed
Timely manner to fulfill a refund obligation is correct answers 30 days
Offering to divide and commission from the business of Surety Bail Bonds is called correct
answers 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?
correct answers Whenever they deem necessary
The surrender by one state or country to another of an individual accused of a crime is called:
correct answers Extradition
The detaining of a person by virtue of lawful process or authority is called: correct answers
Custody
formal written accusation originating with the prosecutor and issued by a grand jury against a
party charged with a crime is called: correct answers Indictment
Which of the following statements is false? correct answers 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? correct answers Limited
The power that the public assumes the agent to have is? correct answers Apparent
An order issued from a court requiring the performance of a specific act, giving authority to
have it done is called. correct answers Writ
How long shall a Surety Bail Bond Agent maintain his records? correct answers Three years
after the bond is over
Presenting any information to the public that is false or untrue, deceptive or misleading is:
correct answers A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: correct answers Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: correct answers
License is null and void
Which statement is true of Build-Up Funds? correct answers 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? correct answers 180 days
An Insurance license is considered inactive when the fees are paid but: correct answers
License is null and void
A non-admitted insurer is a/an correct answers A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except correct answers
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? correct answers 30 days
How much continuing education must a Surety Bail Agent complete? correct answers 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? correct answers Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may correct
answers 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? correct answers Be
a person of high character and integrity.
, Who is responsible to show proof that the continuing education has been completed? correct
answers The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue
correct answers Certificate of authority
Which persons are prohibited from executing bail bonds? correct answers 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: correct answers 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: correct answers Not allowed
Timely manner to fulfill a refund obligation is correct answers 30 days
Offering to divide and commission from the business of Surety Bail Bonds is called correct
answers 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?
correct answers Whenever they deem necessary
The surrender by one state or country to another of an individual accused of a crime is called:
correct answers Extradition
The detaining of a person by virtue of lawful process or authority is called: correct answers
Custody
formal written accusation originating with the prosecutor and issued by a grand jury against a
party charged with a crime is called: correct answers Indictment
Which of the following statements is false? correct answers 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? correct answers Limited
The power that the public assumes the agent to have is? correct answers Apparent
An order issued from a court requiring the performance of a specific act, giving authority to
have it done is called. correct answers Writ
How long shall a Surety Bail Bond Agent maintain his records? correct answers Three years
after the bond is over
