BAIL BONDS TEST 1 2024 FINEST|BRAND NEW EXAMS QUESTIONS AND CORRECT ANSWERS ALL GRADED A+|GUARANTEED SUCCESS|LATESTUPDATE
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Course
Bail Bonds
Institution
Bail Bonds
BAIL BONDS TEST 1 2024 FINEST|BRAND NEW EXAMS QUESTIONS AND CORRECT ANSWERS ALL GRADED A+|GUARANTEED SUCCESS|LATESTUPDATE
Presenting any information to the public that is false or untrue, deceptive or misleading is: - ANSWER-A - Unfair Trade Practice
B - Misrepresentation and false a...
BAIL BONDS TEST 1 2024 FINEST|BRAND NEW
EXAMS QUESTIONS AND CORRECT ANSWERS
ALL GRADED A+|GUARANTEED
SUCCESS|LATESTUPDATE 2024-2025
Presenting any information to the public that is false or untrue, deceptive or
misleading is: - ANSWER-✔A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - ANSWER-
✔Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - ANSWER-
✔License is null and void
Which statement is true of Build-Up Funds? - ANSWER-✔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? - ANSWER-✔180 days
An Insurance license is considered inactive when the fees are paid but: - ANSWER-
✔License is null and void
A non-admitted insurer is a/an - ANSWER-✔A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except -
ANSWER-✔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? - ANSWER-
✔30 days
How much continuing education must a Surety Bail Agent complete? - ANSWER-✔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? - ANSWER-✔Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
ANSWER-✔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? -
ANSWER-✔Be a person of high character and integrity.
Who is responsible to show proof that the continuing education has been
completed? - ANSWER-✔The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance
must issue - ANSWER-✔Certificate of authority
Which persons are prohibited from executing bail bonds? - ANSWER-✔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: - ANSWER-✔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: - ANSWER-✔Not
allowed
Timely manner to fulfill a refund obligation is - ANSWER-✔30 days
Offering to divide and commission from the business of Surety Bail Bonds is called -
ANSWER-✔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? - ANSWER-✔Whenever they deem necessary
The surrender by one state or country to another of an individual accused of a crime
is called: - ANSWER-✔Extradition
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