Escrito por estudiantes que aprobaron Inmediatamente disponible después del pago Leer en línea o como PDF ¿Documento equivocado? Cámbialo gratis 4,6 TrustPilot
logo-home
Document preview thumbnail
Vista previa 3 fuera de 19 páginas
Examen

Louisiana Business and Law exam with question and well verified answers 2026!!!

Document preview thumbnail
Vista previa 3 fuera de 19 páginas

Louisiana Business and Law exam with question and well verified answers 2026!!!

Vista previa del contenido

Louisiana Business and Law exam with question and well
verified answers 2026!!!
The purpose of the contractor licensing laws is to - ANSWERS✔️💫-Protect the public from fraudulent
contractors

Protect against inexperienced contractors

Protect the health, safety and general welfare of the public



Any construction project other than residential homes, a single residential duplex, tri-plex, or four-plex. -
ANSWERS✔️💫-Commercial project



A contractor is a person that works on a project valued at ______ or more for commercial purposes
other than residential duplexes, tri-plexes or four-plexes. - ANSWERS✔️💫-$50,000



A ___________ is the person who contracts directly with the owner. - ANSWERS✔️💫-General contractor



A contractor that works on a preexisting owner occupied building is considered a _________ . -
ANSWERS✔️💫-Home improvement contractor



A residential contractor is one who constructs a fixed structure when the cost exceeds _________. -
ANSWERS✔️💫-$75,000



The state licensing board is comprised of ____ members. - ANSWERS✔️💫-15



The board has the power to do any of the following EXCEPT: - ANSWERS✔️💫-Sue unlicensed contractors



Licenses and renewals expire on _______. - ANSWERS✔️💫-The anniversary date the license was issued



An applicant must furnish the board with proof of financial responsibility including proof of net worth of
at least ______ . - ANSWERS✔️💫-$10,000

,Is an applicant permitted to furnish a bond in lieu of proof of net worth? - ANSWERS✔️💫-yes



When a qualifying party of a construction company leaves employment, the company has how many
days to inform the board? - ANSWERS✔️💫-30 days



A qualifying party can be which of the following: - ANSWERS✔️💫-A co-partner

A stockholder

An employee who has been with the company at least 120 days

All of the above



An owner of a property who is improving their home for their own use does not have to have a license
to do construction work. - ANSWERS✔️💫-True



If you fail to comply with the rules of the board, you are subject to revocation or suspension of your
license. - ANSWERS✔️💫-True



If you have been found guilty of violating the rules of the board more than twice in one year, you will
not be permitted to bid on a public project for up to ____ years - ANSWERS✔️💫-3



If a license has been denied by the board, the applicant has ____ to appeal. - ANSWERS✔️💫-6 months



A contractor who is unlicensed may be found guilty of a misdemeanor, and fined up to ________. -
ANSWERS✔️💫-$500 per day of the violation



If an unlicensed contractor causes harm or damage to another in excess of $300, they can be fined up to
______ and possibly be imprisoned up to _____ . - ANSWERS✔️💫-$5,000 and 5 years



If a contractor has been ordered to cease and desist work, and fails to do so, that contractor shall not be
permitted to apply for a license for ___________ . - ANSWERS✔️💫-1 year

, A residential contractor must provide all of the following EXCEPT: - ANSWERS✔️💫-Proof of five years
experience



A contractor who opts to place his license in an inactive status must still submit proof of insurance
coverage. - ANSWERS✔️💫-False



Residential contractors must pay a renewal fee of _____. - ANSWERS✔️💫-$100.00



Residential contractors must pay a license fee of _____. - ANSWERS✔️💫-$100.00



A home improvement project , in excess of _______ MUST have a written contract between the
contractor and the owner. - ANSWERS✔️💫-$7,500



A home improvement contractor is required to register with the Residential Building Contractors
Subcommittee. - ANSWERS✔️💫-True



A residential contractor must complete a minimum of _____ of continuing education per year. -
ANSWERS✔️💫-6 hours



Under LA contractor rules and regulations, all applications must include: - ANSWERS✔️💫-References

Federal employer identification number

Fees

All of the above



Is it permitted for a company to have more than one qualifying party? - ANSWERS✔️💫-Yes



An applicant for a home improvement license must provide proof of registration and proof of _______. -
ANSWERS✔️💫-Workers Compensation Insurance



Who is entitled to file a lien in Louisiana? - ANSWERS✔️💫-laborers

Información del documento

Subido en
3 de julio de 2026
Número de páginas
19
Escrito en
2025/2026
Tipo
Examen
Contiene
Preguntas y respuestas
$25.49

¿Documento equivocado? Cámbialo gratis Dentro de los 14 días posteriores a la compra y antes de descargarlo, puedes elegir otro documento. Puedes gastar el importe de nuevo.
Escrito por estudiantes que aprobaron
Inmediatamente disponible después del pago
Leer en línea o como PDF

Seller avatar
Tutordanty01
3.0
(1)
Vendido
2
Seguidores
0
Artículos
471
Última venta
2 semanas hace


Por qué los estudiantes eligen Stuvia

Creado por compañeros estudiantes, verificado por reseñas

Calidad en la que puedes confiar: escrito por estudiantes que aprobaron y evaluado por otros que han usado estos resúmenes.

¿No estás satisfecho? Elige otro documento

¡No te preocupes! Puedes elegir directamente otro documento que se ajuste mejor a lo que buscas.

Paga como quieras, empieza a estudiar al instante

Sin suscripción, sin compromisos. Paga como estés acostumbrado con tarjeta de crédito y descarga tu documento PDF inmediatamente.

Student with book image

“Comprado, descargado y aprobado. Así de fácil puede ser.”

Alisha Student

Preguntas frecuentes