COMPLETE QUESTIONS WITH CORRECT
DETAILED ANSWERS || GUARANTEED
PASS
1. Bail - ANSWER ✅ Security required (monetary amount) for the release of a
person from jail
2. Bond - ANSWER ✅ Obligation for the amount of bail by the person who
signs the bond
3. Accommodation bondsman - ANSWER ✅ Not a licensed bail bondsman
but uses value or property to get someone out of jail. THis person can not
take money
4. Bail bond - ANSWER ✅ Undertaking by the principal to appear in court as
required upon penalty of forfeiting bail to the state in a stated amount
5. Bail bond is divided into 2 parts. What does bail and bond mean - ANSWER
✅ Bail is the security required for the release of the defendant.
Bond is the obligation assumed by the one who posts bail.
6. What is the purpose of a bail bond - ANSWER ✅ To assure the appearance
of the defendant in court
,7. what are the consequences of a bail bond - ANSWER ✅ forfeiture of bail
order for
8. What is the definition of an accommodation bondsman? - ANSWER ✅ A
person who:
Shall not charge a fee (money) for posting a bond
Shall not receive any consideration (money or anything of value) to keep for
personal use as a condition of posting a bond
Must show proof that property will cover the amount of the bond
May require collateral
Is not licensed
9. In what ways can an accommodation bondsman post bonds? - ANSWER ✅
cash
property
10.What is the definition of a bail bond? - ANSWER ✅ An undertaking by the
principal to appear in court upon penalty of forfeiting bail
11.What are the types of bail bond listed under the bail bond definition? -
ANSWER ✅ Unsecured
Premium secured
Cash deposit
Mortgage
12.What can a bail bond be used for other than the release of a person from jail?
- ANSWER ✅ Release of a motor vehicle from impoundment
13.What is the definition of a bail bondsman? - ANSWER ✅ Surety bondsman
Professional bondsman Accommodation bondsman
,14.What is the definition of Commissioner? - ANSWER ✅ The North Carolina
Commissioner of Insurance
15.Who is the Commissioner of Insurance? - ANSWER ✅ Wayne goodman
16.What is the definition of a first year licensee? - ANSWER ✅ Any person
licensed as a bondsman or runner for a period of less than 12 months
17.What is the definition of insurer? - ANSWER ✅ Any domestic, foreign, or
alien surety company qualified generally to transact surety
business and specifically to transact bail bond business in this State
18.What is the definition of an obligor? - ANSWER ✅ A principal or surety on
a bond
19.What is the definition of a principal? - ANSWER ✅ A defendant or witness
obligated to appear in court upon penalty of forfeiting bail under a bail bond
20.What is the definition of a professional bondsman? - ANSWER ✅ Any
person licensed by the Commissioner and who Pledges cash or other
securities with the Commissioner as security for bail bonds and Receives or
is promised money or other things of value for writing bail bonds
21.What is the definition of a resident? - ANSWER ✅ A person who lives in
this State for Six consecutive months immediately before Applying for a bail
bond license
, 22.What is the definition of a runner? - ANSWER ✅ A person employed by a
professional bail bondsman for the purpose of:
Assisting the bail bondsman in presenting the defendant in court when
required, or to Assist in the apprehension and surrender of the defendant to
the court, or
Keeping the defendant under necessary surveillance, or to
Execute bail bonds on behalf of the licensed professional bondsman
23.What is need for the Runner to assist the Professional Bondsman? -
ANSWER ✅ power of attorney
24.What is the definition of a supervising bondsman? - ANSWER ✅ A
professional bondsman or surety bondsman Who employs or contracts with
a new licensee
25.What is the definition of a surety? - ANSWER ✅ One who with the
principal is
Liable for the amount of the bail bond upon forfeiture
26.What is the definition of a surety bondsman? - ANSWER ✅ A person
licensed as a surety bondsman and
Is appointed by an insurer by a power of attorney to execute bail bonds and
Receives or is promised consideration for doing so
27.What are two main differences between an accommodation bondsman and
other bondsmen? - ANSWER ✅ Accommodation bondsman is not licensed
Accommodation bondsman cannot charge fee or receive consideration for
posting a bond