MN Contractors Exam (licensing quiz)
Verified 2024
A company has __________ days from the departure of a qualifying licensee to obtain a
new qualifying person.
a) 15
b) 40
c) 80
d) 120 - ANSWER-d) 120
A contractor is required to be licensed if his gross annual receipts exceed:
a) $15,000
b) $20,000
c) $25,000
d) None of the above - ANSWER-a) $15,000
A person can be a qualifying person for two corporations if at least 25% of each
corporation has common ownership, or the second corporation is a subsidiary of the
parent corporation with at least 25% owned by the parent.
a) True
b) False - ANSWER-a) True
A person or business that only provides one special skill isn't required to be licensed,
with the exception of:
a) Excavation
b) Carpentry
c) Masonry/Concrete
d) Roofers - ANSWER-d) Roofers
A person required to be licensed, who performs unlicensed work, is guilty of a
misdemeanor.
a) True
b) False - ANSWER-a) True
A person who fails to apply for renewal by March 31st is considered licensed for 30
days, or until the new license is issued by the Commissioner.
, a) True
b) False - ANSWER-b) False
A person whose company is required to be licensed, and who performs unlicensed work
as a residential building contractor or remodeler, is guilty of a:
a) Gross misdemeanor
b) Federal Crime
c) Dishonorable act
d) Misdemeanor - ANSWER-d) Misdemeanor
A qualifying person of a licensee must provide proof of completion of _____ hours of
continuing education per two-year licensure period.
a) 10
b) 12
c) 14
d) 16 - ANSWER-c) 14
All of the following are requirements for license application, except:
a) Liability Insurance
b) Workers Compensation Insurance
c) Unemployment Insurance
d) Birth Certificate - ANSWER-d) Birth Certificate
An application for an assumed name can be found at the _____________ offices.
a) County Clerk
b) Dept. of Labor and Industry
c) Secretary of State
d) Township - ANSWER-c) Secretary of State
An application for renewal of a license is considered to be timely if postmarked by
March 1st.
a) True
b) False - ANSWER-a) True
Anyone in the business of building residential real estate, or who contracts or offers to
improve residential real estate, must be licensed, unless yearly gross receipts are less
than $15,000 and they have received a Certificate of Exemption from the Department of
Commerce.
a) True
Verified 2024
A company has __________ days from the departure of a qualifying licensee to obtain a
new qualifying person.
a) 15
b) 40
c) 80
d) 120 - ANSWER-d) 120
A contractor is required to be licensed if his gross annual receipts exceed:
a) $15,000
b) $20,000
c) $25,000
d) None of the above - ANSWER-a) $15,000
A person can be a qualifying person for two corporations if at least 25% of each
corporation has common ownership, or the second corporation is a subsidiary of the
parent corporation with at least 25% owned by the parent.
a) True
b) False - ANSWER-a) True
A person or business that only provides one special skill isn't required to be licensed,
with the exception of:
a) Excavation
b) Carpentry
c) Masonry/Concrete
d) Roofers - ANSWER-d) Roofers
A person required to be licensed, who performs unlicensed work, is guilty of a
misdemeanor.
a) True
b) False - ANSWER-a) True
A person who fails to apply for renewal by March 31st is considered licensed for 30
days, or until the new license is issued by the Commissioner.
, a) True
b) False - ANSWER-b) False
A person whose company is required to be licensed, and who performs unlicensed work
as a residential building contractor or remodeler, is guilty of a:
a) Gross misdemeanor
b) Federal Crime
c) Dishonorable act
d) Misdemeanor - ANSWER-d) Misdemeanor
A qualifying person of a licensee must provide proof of completion of _____ hours of
continuing education per two-year licensure period.
a) 10
b) 12
c) 14
d) 16 - ANSWER-c) 14
All of the following are requirements for license application, except:
a) Liability Insurance
b) Workers Compensation Insurance
c) Unemployment Insurance
d) Birth Certificate - ANSWER-d) Birth Certificate
An application for an assumed name can be found at the _____________ offices.
a) County Clerk
b) Dept. of Labor and Industry
c) Secretary of State
d) Township - ANSWER-c) Secretary of State
An application for renewal of a license is considered to be timely if postmarked by
March 1st.
a) True
b) False - ANSWER-a) True
Anyone in the business of building residential real estate, or who contracts or offers to
improve residential real estate, must be licensed, unless yearly gross receipts are less
than $15,000 and they have received a Certificate of Exemption from the Department of
Commerce.
a) True
