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New Mexico Construction Contractor Practice Exam:New Mexico Construction Contractor Exam: Questions & Answers: Latest Updated Solution

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What is the minimum passing scale for all written and practical licensing examinations in New Mexico? o A) 70 o B) 75 o C) 80 o D) 85 o Correct Answer: B o Rationale: The minimum passing score required for licensing examinations under this Act is 75. 2. Within how many days of receiving a renewal request will the board issue a renewal license? o A) 5 days o B) 10 days o C) 15 days o D) 30 days o Correct Answer: C o Rationale: The board is required to issue renewal licenses within 15 days of the request. 3. In New Mexico, what is a valid ground for the refusal to issue, renew, or the revocation of a license? o A) Filing for personal bankruptcyo B) Moving to a different state o C) Default on a student loan o D) Charging higher than market rates o Correct Answer: C o Rationale: Defaulting on a student loan is explicitly listed as grounds for license refusal or revocation. 4. Who is responsible for the timely renewal of a professional license? o A) The licensing board o B) The employer o C) The licensee

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New Mexico Construction Contractor Practice Exam
New Mexico Specific Regulations, Federal Regulations and Business Law, Project
Management and Ethics
Part 1: New Mexico Specific Regulations (Professional Acts)
1. What is the minimum passing scale for all written and practical licensing
examinations in New Mexico?
o A) 70
o B) 75
o C) 80
o D) 85
o Correct Answer: B
o Rationale: The minimum passing score required for licensing
examinations under this Act is 75.
2. Within how many days of receiving a renewal request will the board issue
a renewal license?
o A) 5 days
o B) 10 days
o C) 15 days
o D) 30 days
o Correct Answer: C
o Rationale: The board is required to issue renewal licenses within 15
days of the request.
3. In New Mexico, what is a valid ground for the refusal to issue, renew, or
the revocation of a license?
o A) Filing for personal bankruptcy

, o B) Moving to a different state
o C) Default on a student loan
o D) Charging higher than market rates
o Correct Answer: C
o Rationale: Defaulting on a student loan is explicitly listed as grounds
for license refusal or revocation.
4. Who is responsible for the timely renewal of a professional license?
o A) The licensing board
o B) The employer
o C) The licensee
o D) The state auditor
o Correct Answer: C
o Rationale: Timely renewal is the complete and full responsibility of
the individual licensee.
5. When a licensee changes their business address, whom must they notify?
o A) The Governor's office
o B) The Executive Director
o C) The local police department
o D) No notification is required
o Correct Answer: B
o Rationale: Every license holder must notify the executive director of
any change of place of business or address.
6. Are professional licenses under the NM Barbers and Cosmetologists Act
transferable to another person?

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