Florida Insurance Claims Adjuster License Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Florida Insurance Claims Adjuster Test. Access multiple choice questions, flashcards, and detailed explanations to enhance your knowledge and confidence. Start mastering the material today!

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which bond guarantees performance in conformity with the law?

  1. A. A Conservation Bond

  2. B. A Blue Sky Bond

  3. C. A License Bond

  4. D. A Franchise Bond

The correct answer is: C. A License Bond

A License Bond is a type of bond that specifically guarantees that the holder will comply with legal requirements for their business or occupation. This bond is usually required by law and provides assurance to regulators and customers that the business will operate ethically and within the bounds of the law. Option A, a Conservation Bond, is a type of bond that is used to ensure that certain conservation projects or environmental commitments are fulfilled. This bond is not directly related to legal compliance. Option B, a Blue Sky Bond, is a type of bond that is used to protect investors from fraud and misrepresentation in the sale of securities. This bond is not directly related to legal compliance. Option D, a Franchise Bond, is a type of bond that guarantees that a franchisee will adhere to the terms of their contract, but it does not specifically address legal compliance. Therefore, the only bond that directly

More Questions Like This