VA Business' Exam Practice Questions With correct Answers

A designated employee should be? a) any full time worker b) At least 18 years old, full time employee, has passed required examination c) at least 18 years old and 5 years experienced for Class A d) the owner - ANSWER-b) At least 18 years old, full time employee, has passed required examination A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible when the contractor does not renew his license on time? a) USBC b) OSHA c) The Licensed Contractor d) DPOR - ANSWER-c) The Licensed Contractor If a contractor earns more than $___________ per year, then the contractor requires a Class A license. a) $120,000 b) $7,500 c) $750,000 d) $150,000 - ANSWER-c) $750,000 What is the initial Recovery Fund fee?