A secured bail bond is secured by:

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Multiple Choice

A secured bail bond is secured by:

Explanation:
A secured bail bond relies on collateral to guarantee the defendant’s appearance. The security must be a form of personal property with value at least equal to the amount of the undertaking, so the court has readily liquid collateral if the person fails to appear. That’s why the statement “personal property (valued at least the undertaking)” best fits the concept of a secured bond. Real property or cash aren’t described here as the secured form, and a surety bond is not secured by pledged property but by a promise from a third party to pay the bail.

A secured bail bond relies on collateral to guarantee the defendant’s appearance. The security must be a form of personal property with value at least equal to the amount of the undertaking, so the court has readily liquid collateral if the person fails to appear. That’s why the statement “personal property (valued at least the undertaking)” best fits the concept of a secured bond. Real property or cash aren’t described here as the secured form, and a surety bond is not secured by pledged property but by a promise from a third party to pay the bail.

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