FLORIDA BAIL BONDS EXAM NEWEST 2024 EXAM COMPLETE 280 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

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FLORIDA BAIL BONDS EXAM NEWEST 2024 EXAM

COMPLETE 280 QUESTIONS AND CORRECT

DETAILED ANSWERS (VERIFIED ANSWERS)

|ALREADY GRADED A+

JOE, A BAIL BONDSMAN RECEIVED A CALL FROM A

DEFENDANT WHO WANTS TO BE BONDED OUT OF JAIL. JOE

IS OUT OF STATE ON A PICK-UP AND CALLED BOBBY, HIS

NEIGHBOR WHO IS ALSO A BAIL BONDSMAN TO POST THE

BOND. JOE AGREES THAT HE WILL DIVIDE THE PREMIUM

60%/ 40% WITH THE 60% GOING TO BOBBY. WHICH OF THE

FOLLOWING IS CORRECT;

a) This is allowable under the statute once the insurance company is paid

b) A bail bond agent may not divide with others, or share with any

commissions payable on account of any bail bond

c) Both A and B is correct

d) None of the above is correct - ANSWER- a) This is allowable under

the statute once the insurance company is paid

MICHELLE, A BAIL BONDSMAN RECENTLY OPENED A BAIL

BOND AGENCY AND EMPLOYED A PRIMARY AGENT TO

SUPERVISE THE OFFICE. MICHELLE NAMES THE COMPANY

"FREE RELEASE BAIL BONDS." WHICH OF THE FOLLOWING IS

CORRECT.

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a) This is allowed under Florida statute

b) A bail bond agent may not use any advertisement or advertise under

any name that includes the word free.

c) A defendant can be released on a surety bond without the payment of

a premium.

d) None of the above is correct. - ANSWER- b) A bail bond agent may

not use any advertisement or advertise under any name that includes the

word free.

COURTNEY WRITES BONDS FOR SIX DIFFERENT BAIL BOND

AGENCIES. HE ADVERTISES AS "FLORIDA ALL COUNTY BAIL

BONDS" AND LISTS HIMSELF AS THE PRESIDENT ON HIS

BUSINESS CARDS. WHICH OF THE FOLLOWING IS CORRECT:

a) A bail bond agent may not advertise under a trade name unless the

name and address appears on the agent's letterhead.

b) This is allowed under Florida statute once he advises the department.

c) Both A and B above are correct

d) None of the above are allowed - ANSWER- a) A bail bond agent may

not advertise under a trade name unless the name and address appears on

the agent's letterhead.

WHICH OF THE FOLLOWING IS INCORRECT;

a) A temporary licensee may execute of sign bonds, handle collateral

receipts, or deliver bonds to appropriate authorities.

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b) A temporary licensee may operate an agency or branch agency

separate from the location of the supervising bail bond agent

c) Both A and B above are incorrect

d) None of the above is correct - ANSWER- c) Both A and B above are

incorrect

1. IN CONTRACT LAW, WHAT DOES SUI JURIS MEANS:

a) A breach of the contract has taken place

b) This requires that parties be of sane minds and not less than 18 years

of age

c) Both A and B are correct

d) None of the above are correct - ANSWER- b) This requires that

parties be of sane minds and not less than 18 years of age

WHEN BREACH OF CONTRACT OCCURS AND LOSSES OR

DAMAGES OCCUR AS A RESULT OF NON-PERFORMANCE,

WHAT ACTIONS CAN THE DISAPPOINTED PARTY PURSUE?

a) The disappointed party has to take their loss. No action can be

pursued

b) The disappointed party will have grounds to file for claims

c) None of the above are correct - ANSWER- b) The disappointed party

will have grounds to file for claims

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A CONTRACT IS SAID TO BE UNENFORCEABLE IF FRAUD

EXISTS. WHAT SHOULD BE CONSIDERED?

a) The terms of the contract

b) Motives and intentions exercised in forming the contract

c) Any possible failure that injures the security of the contract in any

way

d) All of the above are considered - ANSWER- d) All of the above are

considered

IF A CONTRACT IS SIGNED BY EITHER OF THE INVOLVED

PARTY WITH THE UNDERSTANDING THAT IT WAS

SOMETHING ELSE OTHER THAN WHAT THE CONTRACT WAS

INTENDED, WHAT ACTIONS CAN BE TAKEN:

a) No action can be taken

b) Contract still has to be enforced

c) This results in failed execution fraud. This voids the contract

d) All of the above can be taken. - ANSWER- c) This results in failed

execution fraud. This voids the contract

IF ONE PARTY MAKES A FALSE STATEMENT, CLAIM OR

DECLARATION WITH THE INTENT OF INDUCING THE OTHER

TO SIGN THE CONTRACT, WHAT HAPPENS?

a) Fraud in the execution

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