Virginia Contractor Practice Test Questions with Answer 100% Verified
Virginia Contractor Practice Test Questions
with Answer 100% Verified
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - ✔-$500 fine.
Which of the following is a requirement for a joint venture? - ✔-Either the joint venture or each
contracting party of the joint venture must be licensed.
The application for licensure MUST include - ✔-the business address of the proposed designated
employee.
All Class A contractor licensure applications MUST include - ✔-information on the knowledge, skills,
and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔-the contractor's license is
revoked.
All of the following must be licensed EXCEPT - ✔-a material supplier who advises a contractor.
What is the PRIMARY purpose of licensing? - ✔-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 - ✔-
$15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? - ✔-
30 days.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
✔-Any full-time employee.
Virginia Contractor Practice Test Questions with Answer 100% Verified
Virginia Contractor Practice Test Questions
with Answer 100% Verified
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - ✔-$500 fine.
Which of the following is a requirement for a joint venture? - ✔-Either the joint venture or each
contracting party of the joint venture must be licensed.
The application for licensure MUST include - ✔-the business address of the proposed designated
employee.
All Class A contractor licensure applications MUST include - ✔-information on the knowledge, skills,
and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔-the contractor's license is
revoked.
All of the following must be licensed EXCEPT - ✔-a material supplier who advises a contractor.
What is the PRIMARY purpose of licensing? - ✔-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 - ✔-
$15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? - ✔-
30 days.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
✔-Any full-time employee.
Virginia Contractor Practice Test Questions with Answer 100% Verified
