Illinois Notary Primer Practice Exam 2024 - Free Notary Primer Practice Questions and Study Guide.

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

Question: 1 / 50

What is the purpose of a Notary Bond?

Provides coverage for damages to anyone who suffers financially from a Notary's action - intentional or not

A Notary Bond serves the purpose of providing coverage for damages to anyone who suffers financially from a Notary's actions, whether intentional or not. This bond is a form of protection for the public to ensure they have recourse if they incur financial losses due to a Notary's misconduct or negligence. Option B, ensuring financial security for the Notary in case of errors, is not the main purpose of a Notary Bond. Option C, guaranteeing a notarized document's authenticity, is more related to the Notary's stamp and seal. Option D, supporting the Notary's retirement fund, is not a function of a Notary Bond.

Ensures financial security for the Notary in case of errors

Guarantees a notarized document's authenticity

Supports the Notary's retirement fund

Next

Report this question