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 10 percent of the bail amount and includes her car as security. In this scenario, the businessman is a _____.

Question

Quizplus · Accepted Answer

The businessman is acting as a bail bond agent, who posts bail for a defendant in exchange for a fee (typically 10% of the bail amount) and sometimes collateral, like a car, to ensure the defendant appears in court.

Louisa Has Been Arrested for a Felony