Virginia Contractor Practice Test
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - ✔✔ correct answer $500 fine.
Which of the following is a requirement for a joint venture? - ✔✔ correct answer Either the joint
venture or each contracting party of the joint venture must be licensed.
The application for licensure MUST include - ✔✔ correct answer the business address of the
proposed designated employee.
All Class A contractor licensure applications MUST include - ✔✔ correct answer information on the
knowledge, skills, and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔✔ correct answer the
contractor's license is revoked.
All of the following must be licensed EXCEPT - ✔✔ correct answer a material supplier who advises a
contractor.
What is the PRIMARY purpose of licensing? - ✔✔ correct answer Protect the health and welfare of
the public.
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of - ✔✔
correct answer $15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
✔✔ correct answer 30 days.
According to the Board Rules and Regulations, which of the following could be a qualified individual?
- ✔✔ correct answer Any full-time employee.
How much is the Class A initial license fee? - ✔✔ correct answer $200
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - ✔✔ correct answer 30 hours.
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - ✔✔ correct answer $500 fine.
Which of the following is a requirement for a joint venture? - ✔✔ correct answer Either the joint
venture or each contracting party of the joint venture must be licensed.
The application for licensure MUST include - ✔✔ correct answer the business address of the
proposed designated employee.
All Class A contractor licensure applications MUST include - ✔✔ correct answer information on the
knowledge, skills, and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔✔ correct answer the
contractor's license is revoked.
All of the following must be licensed EXCEPT - ✔✔ correct answer a material supplier who advises a
contractor.
What is the PRIMARY purpose of licensing? - ✔✔ correct answer Protect the health and welfare of
the public.
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of - ✔✔
correct answer $15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
✔✔ correct answer 30 days.
According to the Board Rules and Regulations, which of the following could be a qualified individual?
- ✔✔ correct answer Any full-time employee.
How much is the Class A initial license fee? - ✔✔ correct answer $200
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - ✔✔ correct answer 30 hours.
