Louisa has been arrested for a felony. Her bail is set at $100,000. She does not have sufficient funds to post bail. A businessman agrees to post bail on her behalf if she pays him ten percent of the bail amount and adds her car as security. In this scenario, the businessman is a _____.

Question

Quizplus · Accepted Answer

A bail bond agent is someone who provides bail money for defendants in exchange for a fee, typically 10% of the bail amount, and may require collateral such as a car.

Louisa Has Been Arrested for a Felony