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FLORIDA BAIL BONDS STATE EXAM ACTUAL EXAM TEST BANK WITH 300 REAL EXAM QUESTIONS AND 100% CORRECT VERIFIED ANSWERS (GUARANTEED PASS!!) $22.99
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FLORIDA BAIL BONDS STATE EXAM ACTUAL EXAM TEST BANK WITH 300 REAL EXAM QUESTIONS AND 100% CORRECT VERIFIED ANSWERS (GUARANTEED PASS!!)

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  • FLORIDA BAIL BONDS STATE

FLORIDA BAIL BONDS STATE EXAM ACTUAL EXAM TEST BANK WITH 300 REAL EXAM QUESTIONS AND 100% CORRECT VERIFIED ANSWERS (GUARANTEED PASS!!)

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  • July 20, 2024
  • 59
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • florida bail bonds state exam actual exam

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  • FLORIDA BAIL BONDS STATE
  • FLORIDA BAIL BONDS STATE

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Florida Bail Bonds State Exam 2024

Terms in this set (283)

1. AFTER THE COURT'S B
WRITTEN DISCHARGE,
WHEN MUST COLLATERAL
BE RETURNED?
a. 14 calendar days
b. 21 calendar days
c. 15 business days

1. FLORIDA STATUTES D
ALLOW FOR ANY OTHER
TYPE OF SECURITY
APPROVED BY THE
DEPARTMENT FOR
COLLATERAL WHEN BOND
IS OVER $50,000. WHICH
IS ALLOWED?
a. Boats, jewellery or other
chattel (personal property)
with sufficient value
b. Shares of stock in a
publicly traded corporation
c. Patents, trademarks or
copyrights
d. Both B & C above are
correct

,1. FLORIDA STATUTES C
REQUIRE THE BOND
AGENT TO IMMEDIATELY
FORWARD TO THE SURETY
CASH COLLATERAL IN
CERTAIN CASES WHICH IS
MOST CORRECT?
a. Must forward in all cases
b. Must forward in capital
cases
c. Must forward if collateral
exceeds $5,000.
d. Must forward if collateral
exceeds $9,999.

,1. IF A FORFEITURE C
OCCURS, WHAT MUST THE
BAIL BOND AGENT OR
SURETY DO?
a. Send a certified letter to
the indemnitor giving 10
days notice that collateral
will be converted into cash
b. Send a certified letter to
the principal giving 10 days
notice that collateral will be
converted into cash
c. Both "A" and "B" above
are required
d. Send written notice to
both indemnitor and
principal, giving 10 days
notice that collateral will be
converted into cash. Failure
to receive this notice of the
collateral to cash
conversion shall not be
used as a defence if the
notice is properly mailed
via U.S. Postal proof of
Mailing.

, 1. THE SURETY TAKES A B
BRAND NEW VEHICLE
PURCHASED FOR $20,000
CASH FROM THE
INDEMNITOR ON A $10,000
BOND. PRINCIPAL SKIPS.
THE $10,000 FORFEITURE
IS PAID BY THE AGENT
AND THE CAR IS
PROPERLY SOLD AT
AUCTION FOR $14,000.
THE COST TO CONVERT
THE COLLATERAL WAS
$1,400. WITH NO OTHER
CONSIDERATIONS, WHICH
OF THE FOLLOWING
REFLECT THE WAY THE
PROCEEDS SHOULD BE
DISTRIBUTED?
a. $10,000 to Agent to repay
the forfeiture. $1,000 to
agent for cost to convert.
$3,000 to indemnitor.
b. $10,000 to agent to repay
the forfeiture. $1,400 to
agent for cost to convert.
$2,600 to indemnitor.
c. $14,000 to agent
d. None of the above is
correct

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