North Carolina Bail Bonds Practice Exam

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

Prepare for the North Carolina Bail Bonds Exam with our engaging quiz featuring comprehensive questions and detailed explanations. Strengthen your knowledge and boost your confidence before the big day!

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.

What is the penalty for not renewing a license on time?

Immediate revocation
Mandatory retraining
Fines only
License lapses

The correct answer is: License lapses

When a license is not renewed on time, it lapses. This means that the individual is no longer legally authorized to operate under that license until it is renewed. A lapsed license does not carry automatic penalties such as revocation or retraining requirements but instead signifies that the person must take steps to reinstate their licensing status. This often involves a renewal process, which may require the payment of fees, but the primary consequence is that the person can no longer legally engage in activities permitted by the license until it is renewed. While there may be fines associated with late renewal in some jurisdictions, the option that specifically addresses the consequence of non-renewal directly is that the license simply lapses. Therefore, the correct understanding is that a lapsed license is the immediate effect of not renewing on time, emphasizing the importance of timely renewal to maintain legal authority in practice.