Florida Insurance Claims Adjuster License Practice Exam 2025 - Free Insurance Claims Adjuster License Practice Questions and Study Guide

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Which bond guarantees performance in conformity with the law?

A. A Conservation Bond

B. A Blue Sky Bond

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

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D. A Franchise Bond

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