QUESTIONS AND CORRECT ANSWERS
Acquit - CORRECT ANSWER >>>to set free:to judicially discharge
from an acquisition;to clear (a person) of a criminal charge
Bail Enforcement - CORRECT ANSWER >>>the apprehension or surrender
of a principal by a natural person who is released on bail or who has failed to
appear at and state of the proceedings to answer to the charge before the
court, in which he may be prosecuted
obligor - CORRECT ANSWER >>>the party who owes the duty or debt;
principal; in bail,the defendant
Appearance bond - CORRECT ANSWER >>>the range of a criminal
defendant's bond
Types of criminal defendant bonds - CORRECT
ANSWER >>>Bail Bonds Appeal Bonds
Supersedes Bonds
Habeas Corpus Bonds
Extradition Bonds
Civil Contempt Bonds
Ne Exeat Bonds
,Secured Personal Surety - CORRECT ANSWER >>>personal surety who
meets all the qualifications of law and specifically, mortages, immovable
property located in the state of Louisiana
The Surety - CORRECT ANSWER >>>the individual/company who pledges
to fulfill the obligation if the obligor defaults, or in lieu thereof, to pay a
specified sum of money. The sum is called the face amount of the bond.
Formal Contract - CORRECT ANSWER >>>A contract made binding by
the oberservance of required formalities regardless of the giving of
consideration; specifically a contract the is a contract underseal, a
recognizance, a letter of credit, or negotiable instruments
Poilcy/certificate - CORRECT ANSWER >>>any contract of insurance,
indemnity, medical, health or hospital service, suretyship, or annuity
issued, proposed for issuance, or intended for issuance by any insurer
Insurance - CORRECT ANSWER >>>Companies and their producers
are regulated by the Insurance Commissioner and his staff in the DOI; an
of the lines of authority specified in RS 22:1547
Bail - CORRECT ANSWER >>>Monetary or other form of security to
insure the appearance of the defendant at every stage of the criminal
proceedings; any type of pretrial release
Probable Cause - CORRECT ANSWER >>>Facts sufficient to cause
a person of reasonable caution to believe a crime has been committed
and if applicable that a specific person has committed the crime
2 types of personal surety - CORRECT ANSWER >>>Unsecured and Secured
,Voluntarily Surrender - CORRECT ANSWER >>>personal appearance
without confinement by a law enforcement officer or bail recovery agent
Surety - CORRECT ANSWER >>>One who undertakes to pay money or
perform some act if the principal fails to pay or perform
Producer - CORRECT ANSWER >>>A person required to be licensed
under the laws of this state to sell, solicit, or negotiate insurance, and
includes all persons or business entities otherwise referred to in the La.
Insurance code
False Swearing - CORRECT ANSWER >>>when a person tells a lie
under oath,and it is put in writing and sworn before a notary or other such
official
Waiver - CORRECT ANSWER >>>implies giving up of a known right
Offer & Acceptance - CORRECT ANSWER >>>one party must take a
proposition to the other and the other must accept the proposal
Competent Parties - CORRECT ANSWER >>>sometimes referred to as
"sui juris" parties The parties must be legal age and in no way mentally
impaired
Breach of Contract - CORRECT ANSWER >>>One party's failure to
perform some act, which be contractually agreed to do. In addition the
aggrieved party may ask for monetary damages under a suit
, Unilateral Contract - CORRECT ANSWER >>>A contract in which only one
party is obligated to perform.
Compare to bilateral contracts
Contract - CORRECT ANSWER >>>an agreement between 2 or more
persons which is legally binding
Informal Contract - CORRECT ANSWER >>>Any contract that is not formal
contract. Also called simple contract
Bilateral Contract - CORRECT ANSWER >>>A contract in which both
parties have promised to perform.
Compare to unilateral contract
Implied Contract - CORRECT ANSWER >>>a contract that infers to exist
from the words and conducts of the parties
Appearance Bond - CORRECT ANSWER >>>in a criminal
proceeding, guarantees that the defendant will appear in court each
and every time he is ordered to do so until the case is disposed of by
the court
Exonerate - CORRECT ANSWER >>>to remover a burden or release
from a duty. To free from responsibility
Jump bail - CORRECT ANSWER >>>leaving the jurisdiction or any
other act by a defendant to avoid a court appearance after a bail bond has