Oregon Construction Contractor Licensing & Business Regulations
Oregon Construction Contractor Licensing & Business Regulations
Study online at https://quizlet.com/_jpx3em
1. What is the purpose of Ore- To help determine if an entity is an independent contractor.
gon's multi-part checklist for in-
dependent contractors?
2. How long is a contractor's li- Two years.
cense valid in Oregon?
3. What are the options for busi- Sole proprietor, partners, corporation, or limited liability com-
ness entity structure in Ore- pany (LLC).
gon?
4. Who is responsible for com- The Responsible Managing Individual (RMI).
pleting pre-license training and
testing?
5. What must be filed with the Necessary documents for registering a corporation, LLC, or
Oregon Secretary of State for other business entity.
business registration?
6. What is an assumed business A name under which a business operates that is different from
name? its legal name.
7. What is required for the RMI to Complete 16-hour training and pass the required test.
obtain a contractor's license?
8. What type of insurance must General liability insurance and, if applicable, workers' com-
contractors obtain? pensation insurance.
9. What are the employer tax State business identification number (BIN) and federal em-
numbers needed for contrac- ployer identification number (EIN).
tors with employees?
10. What types of license endorse- Commercial contractor, residential contractor, or both.
ments can a contractor obtain?
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Oregon Construction Contractor Licensing & Business Regulations
Study online at https://quizlet.com/_jpx3em
1. What is the purpose of Ore- To help determine if an entity is an independent contractor.
gon's multi-part checklist for in-
dependent contractors?
2. How long is a contractor's li- Two years.
cense valid in Oregon?
3. What are the options for busi- Sole proprietor, partners, corporation, or limited liability com-
ness entity structure in Ore- pany (LLC).
gon?
4. Who is responsible for com- The Responsible Managing Individual (RMI).
pleting pre-license training and
testing?
5. What must be filed with the Necessary documents for registering a corporation, LLC, or
Oregon Secretary of State for other business entity.
business registration?
6. What is an assumed business A name under which a business operates that is different from
name? its legal name.
7. What is required for the RMI to Complete 16-hour training and pass the required test.
obtain a contractor's license?
8. What type of insurance must General liability insurance and, if applicable, workers' com-
contractors obtain? pensation insurance.
9. What are the employer tax State business identification number (BIN) and federal em-
numbers needed for contrac- ployer identification number (EIN).
tors with employees?
10. What types of license endorse- Commercial contractor, residential contractor, or both.
ments can a contractor obtain?
1/2
