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Bail bonds test COMPLETE QUESTIONS WITH CORRECT DETAILED ANSWERS

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Bail bonds test COMPLETE QUESTIONS WITH CORRECT DETAILED ANSWERS 1. The intentional misrepresentation, deceit, or concealment of a material fact know to a person with intentions of causing injury to the other party is called: - ANSWER Fraud 2. A verbal agreement that sets the conditions of the agreement are: - ANSWER Informal 3. When the applicant applies for a Surety Bail Bond by completing the application, this is considered - ANSWER Offer 4. What are three types of authority that a Surety Bail Bond Agent has? - ANSWER Express, implied and apparent 5. Where does a Build-Up fund have to be deposited? - ANSWER In a federally insured bank or savings and loan. 6. When a judge releases a defendant after the defendant promises to re - ANSWER Recognizance 7. What may a Surety Bail Bond Agent not do? - ANSWER A - Wear a shirt or jacket with his company logo to the jail B - Act as an attorney for his bond client C - Tell a bond client which attorney to use 8. Where does a Surety Bail Bond Agent have to register in order to execute surety bail bonds in a county? - ANSWER C - With the Clerk of Court D - With the Clerk of Court of the Common Pleas Court 9. Which of the following are unfair trade practices: - ANSWER A - Charging fees based on sex religion, creed, or national origin. B - Giving a defendant a rebate if you bond him out. C - Telling potential clients that a competitor charges higher premium (rates) to bond out. 10. How much notice does the surety bail bond agent have to give the principal and the co-signers in order to convert the collateral deposit into cash? - ANSWER Ten days 11. What actions is not prohibited for Surety Bail Bond Agents - ANSWER Placing an advertisement in the telephone book 12. Who cannot arrest a Fugitive Bond Jumper in this state when the bond was written in another state? - ANSWER A private investigator licensed in this state 13. Acceptable forms of collateral are: - ANSWER A - Cash B - Real property C - Promissory note D - Indemnity agreement 14. Which statement is true about property bonds? - ANSWER The defendant can only post his own property with the court 15. Who is always the obligee on a bail bond in the State Court? - ANSWER State of Ohio 16. Which statements are not true? - ANSWER You can forfeit the bond amount on a felony with no other consequences 17. Who gets the interest earned on cash collateral? - ANSWER The Surety Bail Bond Agent 18. The first page of a Surety Bail Bond Contract is called: - ANSWER The Application 19. What is the procedure whereby the accused I brought before the court to plead to the criminal charge in the indictment or information? - ANSWER Arraignment 20. Who may surrender the defendant to the court? - ANSWER A - Surety B - Obligee C - Principal 21. Prior to Apprehending, detaining or arresting the fugitive bond jumper, who has to be notified? - ANSWER The local law enforcement agency 22. If the accused is arrested after the bail amount is paid to the Court before the judgment but after the forfeiture, what happens to the money? - ANSWER It is kept by the court 23. Once the obligation of the Surety on the bond is released in writing and a discharge is provided, when shall the collateral security be returned? - ANSWER Within 21 days after the discharge is provided 24. What is a personal surety bond? - ANSWER When an individual agrees to be answerable for his own debt or actions. 25. 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 26. To meet requirements, those who apply for a Surety bail License must: - ANSWER Must submit to a written examination. 27. An Insurance license is considered inactive when the fees are paid but: - ANSWER License is null and void 28. Which statement is true of Build-Up Funds? - ANSWER The fund shall not exceed forty percent of the premium. 29. A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the license is initially issued? - ANSWER 180 days 30. An Insurance license is considered inactive when the fees are paid but: - ANSWER License is null and void

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Bail bonds test COMPLETE QUESTIONS
WITH CORRECT DETAILED ANSWERS


1. The intentional misrepresentation, deceit, or concealment of a material fact
know to a person with intentions of causing injury to the other party is
called: - ANSWER ✅ Fraud


2. A verbal agreement that sets the conditions of the agreement are: -
ANSWER ✅ Informal


3. When the applicant applies for a Surety Bail Bond by completing the
application, this is considered - ANSWER ✅ Offer


4. What are three types of authority that a Surety Bail Bond Agent has? -
ANSWER ✅ Express, implied and apparent


5. Where does a Build-Up fund have to be deposited? - ANSWER ✅ In a
federally insured bank or savings and loan.


6. When a judge releases a defendant after the defendant promises to re -
ANSWER ✅ Recognizance


7. What may a Surety Bail Bond Agent not do? - ANSWER ✅ A - Wear a
shirt or jacket with his company logo to the jail
B - Act as an attorney for his bond client
C - Tell a bond client which attorney to use

, 8. Where does a Surety Bail Bond Agent have to register in order to execute
surety bail bonds in a county? - ANSWER ✅ C - With the Clerk of Court
D - With the Clerk of Court of the Common Pleas Court


9. Which of the following are unfair trade practices: - ANSWER ✅ A -
Charging fees based on sex religion, creed, or national origin.
B - Giving a defendant a rebate if you bond him out.
C - Telling potential clients that a competitor charges higher premium (rates)
to bond out.


10.How much notice does the surety bail bond agent have to give the principal
and the co-signers in order to convert the collateral deposit into cash? -
ANSWER ✅ Ten days


11.What actions is not prohibited for Surety Bail Bond Agents - ANSWER ✅
Placing an advertisement in the telephone book


12.Who cannot arrest a Fugitive Bond Jumper in this state when the bond was
written in another state? - ANSWER ✅ A private investigator licensed in
this state


13.Acceptable forms of collateral are: - ANSWER ✅ A - Cash
B - Real property
C - Promissory note
D - Indemnity agreement


14.Which statement is true about property bonds? - ANSWER ✅ The
defendant can only post his own property with the court

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