Bail Bonds Louisiana Exam Questions With Correct Answers

Agreement {Ans: a meeting of the minds}Executory Contract {Ans: a contract that sets forth promises that are not yet performed}Commission {Ans: a fee paid to an insurance producer as a percentage of this premium generated by a solid insurance policy or direct compensation or reward}Bail enforcement {Ans: the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at any state of the proceedings to answer the charge before the court in which he may be prosecuted}Voluntary surrender {Ans: personal appearance without confinement by a law enforcement officer or bail recovery agent}The commissioner of insurance may issue a temporary producers license for a period not to exceed 180 days without requiring an examination if the commissioner deems that the temporary license is necessary for the servicing of an insurance business {Ans: }