Posting bail bond - Study guides, Class notes & Summaries

NC Bailbond State Exam QUESTIONS AND ANSWERS RATED A+ 2023|2024 UPDATE Before a surety bondsman can write a bond, he must: -be listed on the Electronic Bondsman Registry A bondsman who doesn't pay the premium he owes to an insurer is guilty of: -misappropriation A professional bail bondsman who willfully falsifies a monthly report is guilty of: -Class I Felony In a bail bond office, an unlicensed person can be hired to: -perform normal office duties With the exception of the felonies ...

NC Bail Bondsman Exam Practice Questions and Answers 1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - Answer️️ -B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond ...

Examples of Authorized Forms of Bail: - correct answer -Cash, Insurance Company Bail Bond, (Partially) Secured Surety Bond, (Partially) Secured Appearance Bond, Unsecured Surety Bond, Unsecured Appearance Bond, Credit Card where the principle is charged with a violation under the vehicle and traffic law + administrative fee in accordance with subdivision 4 of section 150.30 Methods of Fixing Bail: - correct answer -A) a court may designate the amount of the bail without designating the for or...

Premium for bail under $3,000 - correct answer10% Premium for bail $3,000-$10,000 - correct answer8% Premium for bail $10,000+ - correct answer6% Premium for bail less than $200 - correct answer$10 Can you accept $ for obtaining a license - correct answer no Can a lawyer give bail for $ - correct answer no Punishment for insurance fraud - correct answer fine or up to 10 years Punishment for fraud that jeopardizes safety of insurer - correct answer up to 15 years Express a...

NC Bail Bondsman State Exam With 100% Correct And Verified Answers 2024 Bail = - Correct Answer-Money Bond = - Correct Answer-Agreement Define Bail - Correct Answer-a constitutional right by which the United States Criminal Justice System permits the release of a principal from custody while ensuring his appearance at all required Court proceedings Principal - Correct Answer-a defendant or witness who is legally required to appear in court Bail Bond - Correct Answer-an undertaking b...

Bail = - Money Bond = - Agreement Define Bail - a constitutional right by which the United States Criminal Justice System permits the release of a principal from custody while ensuring his appearance at all required Court proceedings Principal - a defendant or witness who is legally required to appear in court Bail Bond - an undertaking by the principle to appear in court as required upon penalty for forfeiting bail to the state in a stated amount premium - fee in exchange for posting...

Bail = Money Bond = Agreement Define Bail a constitutional right by which the United States Criminal Justice System permits the release of a principal from custody while ensuring his appearance at all required Court proceedings Principal a defendant or witness who is legally required to appear in court Bail Bond an undertaking by the principle to appear in court as required upon penalty for forfeiting bail to the state in a stated amount premium fee in ex...

1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed. - A) person who charges a fee (money...

Who is an Indemnitor? CORRECT ANSWER-An indemnitor is a co-signer. Co-sign for the bond of the Principle Who is a Principle CORRECT ANSWER-The Principle is the defendant What is a indemnity agreement? CORRECT ANSWER-An agreement signed by both def and indemnitor agreeing to pay and to appear at court on set date. Who is an oblige? CORRECT ANSWER-The oblige is the State of Connecticut Who is the Surety? CORRECT ANSWER-The surety is the bail bond agent posting the bond on behalf of the...

NC Bail Bondsman 100% SOLUTION 1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - ANSWER B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed...