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INSURANCE LICENSE (Idaho Bail
Bondsman) EXAM QUESTIONS AND
ANSWERS A.
Who insures insurers?
âœâ€Ã¢Å“â€Reinsurers
An admitted insurance company possesses ______.
âœâ€Ã¢Å“â€a certificate of authority
The first state of courtroom proceedings is know as _______.
âœâ€Ã¢Å“â€arraignment
______ is usually held at which the judge decides whether there is
sufficient evidence to force the defendant to stand trial.
âœâ€Ã¢Å“â€Preliminary hearing
True or False: The agency contract is a contract between the insurer and
the insured
âœâ€Ã¢Å“â€False
True or False: Implied authority may be inferred by virtue of the
position held by an agent
âœâ€Ã¢Å“â€True
Apparent authority is also known as ______.
âœâ€Ã¢Å“â€Ostensible authority
INSURANCE LICENSE Idaho Bail Bondsman EXAM QUESTIONS AND ANSWERS A.
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