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Exam (elaborations)

CCB Final Prep Examination questions with answers

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CCB Final Prep Examination questions with answers

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CCB Final Prep Examination questions with
answers


Contractors that renovate pre-1978 housing for child-occupied facilities need to
obtain a _________ from the CCB.
1. Lead Removal License
2. Lead Renovation License
3. Lead-Based Renovation License
4. Lead Paint License - ....🔰VERIFIED ANSWERS.... ✔✔Lead-Based Paint
Renovation license.


The CCB will suspend a contractor's license ___ days from the date a bonding
notice provides notice that it will cancel the bond, unless the bond is reinstated
or replaced.
1. 30
2. 60
3. 90
4. 50 - ....🔰VERIFIED ANSWERS.... ✔✔30


A commercial general contractor level 1 must have liability insurance coverage
of no less than _____
1. 750,000 Aggregate
2. 500,000 Aggregate
3. 1,000,000 Aggregate
4. 2,000,000 Aggregate - ....🔰VERIFIED ANSWERS.... ✔✔$2,000,000

,Regarding Continuing Education, Commercial contractors must complete
between ___ hours and ___ hours, depending on whether they are Level 1 or
Level 2, and the number of key employees they have.
1. 10,50
2. 12,60
3. 24,90
4. 16,80 - ....🔰VERIFIED ANSWERS.... ✔✔16,80


A contractor who works for an owner of a residential structure of a zero-lot-
line dwelling must have a written contract with the owner if the contract price
is more than _____
1. $5,000
2. $2,000
3. $3,000
4. $1,000 - ....🔰VERIFIED ANSWERS.... ✔✔$2,000


A commercial general contractor who constructs a new, large commercial
structure must provide the owner with a ____ year warranty against defects in
materials and workmanship that covers the building envelope and penetration
components.
1. 1
2. 3
3. 4
4. 2 - ....🔰VERIFIED ANSWERS.... ✔✔2 years

, All of the following are different forms of partnerships EXCEPT:
1. Limited Liability Partnership
2. Paternal Partnership
3. Limited Partnership
4. General Partnership - ....🔰VERIFIED ANSWERS.... ✔✔Paternal
Partnership


Which of the following is not a requirement for an S-Corporation?
1. Filing of IRS from 2553
2. A domestic corporation with one class of stock
3. Have a CEO with at least 10 years of experience
4. All Shareholders must consent to corporation status - ....🔰VERIFIED
ANSWERS.... ✔✔A CEO with at least 10 years of experience


This is the term for any name that is not the "real and true" name of the owner.
1. Proxy Name
2. Assumed Business Name (ABN)
3. Nickname
4. Other-than-Houshold Name (OTHN) - ....🔰VERIFIED ANSWERS....
✔✔Assumed Business Name


Employees who feel that they have been discriminated against or not paid
properly can file complaints with ____.
1. Department of Fair Labor (DOFL)
2. Bureau of Labor and Industries (BOLI)

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