AND ANSWERS MARKED A+
✔✔Which persons are prohibited from executing bail bonds? - ✔✔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: - ✔✔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: - ✔✔Not allowed
✔✔Timely manner to fulfill a refund obligation is - ✔✔30 days
✔✔Offering to divide and commission from the business of Surety Bail Bonds is called -
✔✔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? - ✔✔Whenever they deem necessary
✔✔The surrender by one state or country to another of an individual accused of a crime
is called: - ✔✔Extradition
✔✔The detaining of a person by virtue of lawful process or authority is called: -
✔✔Custody
✔✔formal written accusation originating with the prosecutor and issued by a grand jury
against a party charged with a crime is called: - ✔✔Indictment
✔✔Which of the following statements is false? - ✔✔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? - ✔✔Limited
✔✔The power that the public assumes the agent to have is? - ✔✔Apparent
✔✔An order issued from a court requiring the performance of a specific act, giving
authority to have it done is called. - ✔✔Writ
, ✔✔How long shall a Surety Bail Bond Agent maintain his records? - ✔✔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: - ✔✔Fraud
✔✔A verbal agreement that sets the conditions of the agreement are: - ✔✔Informal
✔✔When the applicant applies for a Surety Bail Bond by completing the application, this
is considered - ✔✔Offer
✔✔What are three types of authority that a Surety Bail Bond Agent has? - ✔✔Express,
implied and apparent
✔✔Where does a Build-Up fund have to be deposited? - ✔✔In a federally insured bank
or savings and loan.
✔✔When a judge releases a defendant after the defendant promises to re -
✔✔Recognizance
✔✔What may a Surety Bail Bond Agent not do? - ✔✔A - Wear a shirt or jacket with his
company logo to the jail
B - Act as an attorney for his bond client
C - Tell a bond client which attorney to use
✔✔Where does a Surety Bail Bond Agent have to register in order to execute surety
bail bonds in a county? - ✔✔C - With the Clerk of Court
D - With the Clerk of Court of the Common Pleas Court
✔✔Which of the following are unfair trade practices: - ✔✔A - Charging fees based on
sex religion, creed, or national origin.
B - Giving a defendant a rebate if you bond him out.
C - Telling potential clients that a competitor charges higher premium (rates) to bond
out.
✔✔How much notice does the surety bail bond agent have to give the principal and the
co-signers in order to convert the collateral deposit into cash? - ✔✔Ten days
✔✔What actions is not prohibited for Surety Bail Bond Agents - ✔✔Placing an
advertisement in the telephone book