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Bail bonds test questions with correct answers 2024/2025
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Bail bonds test questions with correct answers 2024/2025
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Bail bonds testPresenting any information to the public that is false or untrue, deceptive or misleading is: -
ANSA - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - ANSMust submit to a
written examination.
An Insurance license is considered inactive when the fees are paid but: - ANSLicense is null
and void
Which statement is true of Build-Up Funds? - ANSThe 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? - ANS180 days
An Insurance license is considered inactive when the fees are paid but: - ANSLicense is null
and void
A non-admitted insurer is a/an - ANSA - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - ANSSetting
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? - ANS30 days
How much continuing education must a Surety Bail Agent complete? - ANS7 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? - ANSFederal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may - ANSA -
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? - ANSBe a person of
high character and integrity.
Who is responsible to show proof that the continuing education has been completed? - ANSThe
Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue -
ANSCertificate of authority
Which persons are prohibited from executing bail bonds? - ANSA - 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: - ANSThree 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: - ANSNot allowed
Timely manner to fulfill a refund obligation is - ANS30 days
Offering to divide and commission from the business of Surety Bail Bonds is called -
ANSRebating
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? -
ANSWhenever they deem necessary
The surrender by one state or country to another of an individual accused of a crime is called: -
ANSExtradition
The detaining of a person by virtue of lawful process or authority is called: - ANSCustody
formal written accusation originating with the prosecutor and issued by a grand jury against a
party charged with a crime is called: - ANSIndictment
Which of the following statements is false? - ANSThe surety bail bond agent can collect interest
on collateral for his own benefits.
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