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 vo...
Bail bonds Test Questions Solved
Correctly.
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
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper TestSolver9. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €9,76. Je zit daarna nergens aan vast.
