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FREE Bail Bond Principles Questions and Answers
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When a person over the age of 18 is found to be unable to manage their property, they are appointed to a (n)...
Obligee
Conservator
Executor
Federal Prison
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Wrong!
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Occasionally known as an endorsement
Creditor
Rider
Indemnitor
Bond
Correct!
Wrong!
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The individual whom is the obligee
Advantages of the bond
Answers the questions
Advertisements for the business
Carries out the risk analysis.
Correct!
Wrong!
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Occasionally known as the PRINCIPAL
Indemnitor
Rider
Obligor
Obligee
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Wrong!
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If an individual is detained by the Immigration and Naturalization Service and receives a warrant arrest, they can be qualified for...
An immigration bond
A bail bond
A customs bond
All of the above
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Wrong!
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The protected or policyholder is...
A unique individual
The party assuming policy risk
The one who is being guarded
An insurer
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Wrong!
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Disputes between contracting parties typically result from the following clause(s):
Concealment
Reasonable expectations
Indemnity
Ambiguities
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Wrong!
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