NC Bail Bondsman State Exam With 100% Correct And Verified Answers 2024, Exams of Advanced Education

Download NC Bail Bondsman State Exam With 100% Correct And Verified Answers 2024 and more Exams Advanced Education in PDF only on Docsity! NC Bail Bondsman State Exam With 100% Correct And Verified Answers 2024 Bail = - Correct Answer-Money Bond = - Correct Answer-Agreement Define Bail - Correct Answer-a constitutional right by which the United States Criminal Justice System permits the release of a principal from custody while ensuring his appearance at all required Court proceedings Principal - Correct Answer-a defendant or witness who is legally required to appear in court Bail Bond - Correct Answer-an undertaking by the principle to appear in court as required upon penalty for forfeiting bail to the state in a stated amount premium - Correct Answer-fee in exchange for posting the bond What Is The Highest precentage a bondsman can charge in premium - Correct Answer- 15% define indemnitor - Correct Answer-A Co-Signer what is the percentage a bondsman can charge in collateral - Correct Answer-100% Define Collateral - Correct Answer-something of value pledged by the defendant or on the behalf of the defendant Define Forfeit - Correct Answer-the process of losing or giving up three types of bail bondsman - Correct Answer-1.) Surety bondsman 2.) professional bondsman 3.) accommodation bondsman Bondsman Recovery Rate (percentage) - Correct Answer-98% purpose of a bail bond - Correct Answer-to ensure a defendant's appearance in court consequences of FTA - Correct Answer-1.) the posted bail is forfeited 2.) order for arrest Surety - Correct Answer-a person or entity legally responsible for the bond arrest of a defended by a bondsman - Correct Answer-extension of the original arrest Define Magistrate - Correct Answer-regular citizens who are appointed by the resident Superior Court Judge of each County magistrates are authorized to - Correct Answer-1.) issue arrest warrants 2.)search warrants 3.)Simmons 4.) subpoenas 5.)civil warrants 6.)and domestic violence protection orders first appearance - Correct Answer-to address the charges against accused and to set ,review and or deny bail the 8th Amendment - Correct Answer-ensures that bail cannot be excessive insurance commissioner - Correct Answer-Mike Causey Define exonerated - Correct Answer-relieved of all financial responsibilities regarding that particular Bond is a surety bondsman a surety - Correct Answer-No is a professional bondsman a surety - Correct Answer-Yes is a accommodation bondsman a surety - Correct Answer-Yes three types of licenses - Correct Answer-1.) Surety bondsman 2.) Runner 3.) professional bondsman is a Runner a surety - Correct Answer-No Defendant is The Same as A - Correct Answer-Principal=Surety=Obligor a runner works for - Correct Answer-a professional bondsman when must collateral be returned - Correct Answer-to the end m'ittar within 15 days of the final termination of his liability on the bond even if the indemnitor still owes the bondsman money knowingly and willfully fails to return collateral - Correct Answer-class 1 felony cash collateral has to be deposited Within - Correct Answer-2 Banking Days