BAIL BONDS TEST WITH ACTUAL QUESTIONS AND VERIFIED
ANSWERS INSTANT PDF DOWNLOAD
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
To meet requirements, those who apply for a Surety bail License must: -
ANSWER-Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: -
ANSWER-License is null and void
Which statement is true of Build-Up Funds? - ANSWER-The fund shall not
exceed forty percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many
days after the license is initially issued? - ANSWER-180 days
An Insurance license is considered inactive when the fees are paid but: -
ANSWER-License is null and void
A non-admitted insurer is a/an - ANSWER-A - Domestic Insurer
B - Alien Insurer
, C - Foreign Insurer
The Director of the Department of Insurance has the following duties except -
ANSWER-Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of
Insurance any convictions or crimes other than minor traffic offenses? -
ANSWER-30 days
How much continuing education must a Surety Bail Agent complete? -
ANSWER-7 hours every year
Engaging in any fraudulent or dishonest or coercive practice in connection with
the business of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where
will the parties be
prosecuted? - ANSWER-Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he
may - ANSWER-A - Order the insurer, agent, or agency to pay expenses
incurred by the Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? -
ANSWER-Be a person of high character and integrity.
ANSWERS INSTANT PDF DOWNLOAD
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
To meet requirements, those who apply for a Surety bail License must: -
ANSWER-Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: -
ANSWER-License is null and void
Which statement is true of Build-Up Funds? - ANSWER-The fund shall not
exceed forty percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many
days after the license is initially issued? - ANSWER-180 days
An Insurance license is considered inactive when the fees are paid but: -
ANSWER-License is null and void
A non-admitted insurer is a/an - ANSWER-A - Domestic Insurer
B - Alien Insurer
, C - Foreign Insurer
The Director of the Department of Insurance has the following duties except -
ANSWER-Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of
Insurance any convictions or crimes other than minor traffic offenses? -
ANSWER-30 days
How much continuing education must a Surety Bail Agent complete? -
ANSWER-7 hours every year
Engaging in any fraudulent or dishonest or coercive practice in connection with
the business of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where
will the parties be
prosecuted? - ANSWER-Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he
may - ANSWER-A - Order the insurer, agent, or agency to pay expenses
incurred by the Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? -
ANSWER-Be a person of high character and integrity.
