LOUISIANIA BAIL BONDS TEST STUDY GUIDE
150 QUESTIONS WITH DETAILED VERIFIED
ANSWERS 2025-2026 Most Recent Version
(100% CORRECT ANSWERS) ALREADY
GRADED A+
5 elements of fraud - CORRECT ANSWER: 1. false statement must be made
2. the party who makes the statement must know it is untrue
3. he must intend that the other party will believe the falsehood
4. the other party must accept as the truth
5. the other party must be damaged as a result
acquit - CORRECT ANSWER: to set free or to judicially discharge. to clear a person of
criminal charge.
actions that make a contract unenforceable - CORRECT ANSWER: fraud,
misrepresentation, concealment, false swearing, waiver
Actual Authority - CORRECT ANSWER: Authority expressly given to an agent by
contract and/or by power of attorney
Actual Authority - CORRECT ANSWER: the authority, which the company gives, by
contract to the producer
Adjucate - CORRECT ANSWER: To hear and decide judicially; to judge
agreement - CORRECT ANSWER: meeting of the minds
,Apparent Authority - CORRECT ANSWER: authority whic the public may reasonably
think the producer has
Apparent Authority - CORRECT ANSWER: the authority which the public may
reasonable believe an agent has
appointment - CORRECT ANSWER: appointed by the insurance before being issued
QPA's
assumed names - CORRECT ANSWER: An insurance producer doing business under
any name other than the producer's legal name shall notify
the Commissioner before using the assumed name.
Authorized Insurer - CORRECT ANSWER: insurer who has received a Certificate of
Authority from the department of insurance to transact insurance in this state
Bilateral Contract - CORRECT ANSWER: a contract in which both parties have
promised to perform
breach of contract - CORRECT ANSWER: one party's failure to perform some act,
which he has contractually agreed to do.
Business Entity - CORRECT ANSWER: a corporation, association, partnership, limited
liability company, limited liability partnership, or other legal entity
can a person who has been convicted of a felony allowed to participate in the
apprenticeship program? - CORRECT ANSWER: no
capital offense - CORRECT ANSWER: crime punishable by death
, commission - CORRECT ANSWER: fee paid to an insurance producer
commission - CORRECT ANSWER: sets the rules and regulations
commissioner - CORRECT ANSWER: Commissioner of Insurance
Competent Parties - CORRECT ANSWER: Those entering into the contract must be of
legal age and must be mentally competent
Concealment - CORRECT ANSWER: intentionally withholding facts
Consideration - CORRECT ANSWER: something of value exchanged for something
else of value. money
contempt of court - CORRECT ANSWER: action that hinders the administration of
justice
Controlled Business - CORRECT ANSWER: insurance covering himself or members of
his immediate family, or a corporation, association, or partnership, of which he or a
member of his immediate family is an officer, director, substantial stockholder, partner,
associate, or employee.
Conversion - CORRECT ANSWER: the unlawful assumption of ownership of the
property of another
custody - CORRECT ANSWER: care and contr of a thing or person
default - CORRECT ANSWER: failure to do what is required
150 QUESTIONS WITH DETAILED VERIFIED
ANSWERS 2025-2026 Most Recent Version
(100% CORRECT ANSWERS) ALREADY
GRADED A+
5 elements of fraud - CORRECT ANSWER: 1. false statement must be made
2. the party who makes the statement must know it is untrue
3. he must intend that the other party will believe the falsehood
4. the other party must accept as the truth
5. the other party must be damaged as a result
acquit - CORRECT ANSWER: to set free or to judicially discharge. to clear a person of
criminal charge.
actions that make a contract unenforceable - CORRECT ANSWER: fraud,
misrepresentation, concealment, false swearing, waiver
Actual Authority - CORRECT ANSWER: Authority expressly given to an agent by
contract and/or by power of attorney
Actual Authority - CORRECT ANSWER: the authority, which the company gives, by
contract to the producer
Adjucate - CORRECT ANSWER: To hear and decide judicially; to judge
agreement - CORRECT ANSWER: meeting of the minds
,Apparent Authority - CORRECT ANSWER: authority whic the public may reasonably
think the producer has
Apparent Authority - CORRECT ANSWER: the authority which the public may
reasonable believe an agent has
appointment - CORRECT ANSWER: appointed by the insurance before being issued
QPA's
assumed names - CORRECT ANSWER: An insurance producer doing business under
any name other than the producer's legal name shall notify
the Commissioner before using the assumed name.
Authorized Insurer - CORRECT ANSWER: insurer who has received a Certificate of
Authority from the department of insurance to transact insurance in this state
Bilateral Contract - CORRECT ANSWER: a contract in which both parties have
promised to perform
breach of contract - CORRECT ANSWER: one party's failure to perform some act,
which he has contractually agreed to do.
Business Entity - CORRECT ANSWER: a corporation, association, partnership, limited
liability company, limited liability partnership, or other legal entity
can a person who has been convicted of a felony allowed to participate in the
apprenticeship program? - CORRECT ANSWER: no
capital offense - CORRECT ANSWER: crime punishable by death
, commission - CORRECT ANSWER: fee paid to an insurance producer
commission - CORRECT ANSWER: sets the rules and regulations
commissioner - CORRECT ANSWER: Commissioner of Insurance
Competent Parties - CORRECT ANSWER: Those entering into the contract must be of
legal age and must be mentally competent
Concealment - CORRECT ANSWER: intentionally withholding facts
Consideration - CORRECT ANSWER: something of value exchanged for something
else of value. money
contempt of court - CORRECT ANSWER: action that hinders the administration of
justice
Controlled Business - CORRECT ANSWER: insurance covering himself or members of
his immediate family, or a corporation, association, or partnership, of which he or a
member of his immediate family is an officer, director, substantial stockholder, partner,
associate, or employee.
Conversion - CORRECT ANSWER: the unlawful assumption of ownership of the
property of another
custody - CORRECT ANSWER: care and contr of a thing or person
default - CORRECT ANSWER: failure to do what is required
