Virginia Contractor Practice Test
Virginia Contractor Practice Test
Study online at https://quizlet.com/_8h1oor
1. What is the MAXIMUM penalty for a contractor who $500 fine.
undertakes work without the proper class of license?
2. Which of the following is a requirement for a joint Either the joint venture or
venture? each contracting party of
the joint venture must be
licensed.
3. The application for licensure MUST include the business address of
the proposed designated
employee.
4. All Class A contractor licensure applications MUST in- information on the knowl-
clude edge, skills, and abilities of
the applicant.
5. When a claimant is paid funds from the Contractors the contractor's license is
Recovery Trust Fund revoked.
6. All of the following must be licensed EXCEPT a material supplier who
advises a contractor.
7. What is the PRIMARY purpose of licensing? Protect the health and wel-
fare of the public.
8. A firm desiring to be licensed as a Class B contractor $15,000.
MUST have a MINIMUM net worth of
9. A licensee's name change MUST be reported to the 30 days.
Board within a MAXIMUM of how many days?
10. According to the Board Rules and Regulations, which Any full-time employee.
of the following could be a qualified individual?
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Virginia Contractor Practice Test
Study online at https://quizlet.com/_8h1oor
1. What is the MAXIMUM penalty for a contractor who $500 fine.
undertakes work without the proper class of license?
2. Which of the following is a requirement for a joint Either the joint venture or
venture? each contracting party of
the joint venture must be
licensed.
3. The application for licensure MUST include the business address of
the proposed designated
employee.
4. All Class A contractor licensure applications MUST in- information on the knowl-
clude edge, skills, and abilities of
the applicant.
5. When a claimant is paid funds from the Contractors the contractor's license is
Recovery Trust Fund revoked.
6. All of the following must be licensed EXCEPT a material supplier who
advises a contractor.
7. What is the PRIMARY purpose of licensing? Protect the health and wel-
fare of the public.
8. A firm desiring to be licensed as a Class B contractor $15,000.
MUST have a MINIMUM net worth of
9. A licensee's name change MUST be reported to the 30 days.
Board within a MAXIMUM of how many days?
10. According to the Board Rules and Regulations, which Any full-time employee.
of the following could be a qualified individual?
1/3