California Notary License Practice Exam 2026 – All-in-One Guide to Exam Success!

In this situation, the notary is liable for the amount that the bonding company did not cover after making a payment related to the judgment. Since a judgment of $22,000 was lodged against the notary and the bonding company paid $15,000, the remaining liability falls on the notary.

To determine the notary's remaining liability, you subtract the amount paid by the bonding company from the total judgment amount:

$22,000 (judgment) - $15,000 (bonding company payment) = $7,000.

Thus, the notary is responsible for the remaining $7,000 that the bonding company did not cover. This understanding is crucial for notaries, as they should be aware of their financial liabilities and the role of bonding companies in protecting against claims.