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FL BAIL BONDS TEST EXAM ACTUAL PREP
QUESTIONS AND WELL REVISED ANSWERS -
LATEST AND COMPLETE UPDATE WITH
VERIFIED SOLUTIONS – ASSURES PASS
1. What is the IRS form 8300? - - ANSWER: -A form to submit to the IRS to
report cash payments received usually used when a business receives $10,000.00
or more in cash.
2. What is the disclosure notice/Informal notice - - ANSWER: - The
conditions of the bond. Principle acknowledgement and indemnitor
acknowledgement.
3. If a bond register is computer generated, what is the acceptable format that is
approved by the department? - - ANSWER: -A print that maintains the same
format is acceptable.
4. Statement of surrender - - ANSWER: -Form used when a defendant is
returned to jail
5. What must a premium receipt contain? - - ANSWER: -Must contain
Agency name, Surety name, Date, Defendants name, and unique receipt number.
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6. A collateral receipt must contain - - ANSWER: -Signatures of agent and
person giving collateral, Description of collateral, Unique receipt number
7. How many years should the IRS 8300 form be kept? And where? - -
ANSWER: -5 years and kept in the defendants file
8. What form must include the following phrase "for good valuable
consideration, the undersigned principal agrees to indemnify and hold harmless the
surety company or its agents from all losses not otherwise prohibited by law or
rules of the department?" - - ANSWER: -Indemnity Agreement
9. What form must include the statement of the bondsman? - - ANSWER: -
Appearance Bond
10. What are three forms of prohibited solicitation? - - ANSWER: -Passing out
cards at the Jail, Court house, or either of the property.
11. On which two forms is the agent obligated to list the collateral the has been
deposited for the bond - - ANSWER:
-Appearance Bond and collateral receipt
FL BAIL BONDS TEST EXAM ACTUAL PREP
QUESTIONS AND WELL REVISED ANSWERS -
LATEST AND COMPLETE UPDATE WITH
VERIFIED SOLUTIONS – ASSURES PASS
1. What is the IRS form 8300? - - ANSWER: -A form to submit to the IRS to
report cash payments received usually used when a business receives $10,000.00
or more in cash.
2. What is the disclosure notice/Informal notice - - ANSWER: - The
conditions of the bond. Principle acknowledgement and indemnitor
acknowledgement.
3. If a bond register is computer generated, what is the acceptable format that is
approved by the department? - - ANSWER: -A print that maintains the same
format is acceptable.
4. Statement of surrender - - ANSWER: -Form used when a defendant is
returned to jail
5. What must a premium receipt contain? - - ANSWER: -Must contain
Agency name, Surety name, Date, Defendants name, and unique receipt number.
, 2|Page
6. A collateral receipt must contain - - ANSWER: -Signatures of agent and
person giving collateral, Description of collateral, Unique receipt number
7. How many years should the IRS 8300 form be kept? And where? - -
ANSWER: -5 years and kept in the defendants file
8. What form must include the following phrase "for good valuable
consideration, the undersigned principal agrees to indemnify and hold harmless the
surety company or its agents from all losses not otherwise prohibited by law or
rules of the department?" - - ANSWER: -Indemnity Agreement
9. What form must include the statement of the bondsman? - - ANSWER: -
Appearance Bond
10. What are three forms of prohibited solicitation? - - ANSWER: -Passing out
cards at the Jail, Court house, or either of the property.
11. On which two forms is the agent obligated to list the collateral the has been
deposited for the bond - - ANSWER:
-Appearance Bond and collateral receipt
