Michigan Builders Business Law Accounting Exam
2025 Questions and Answers ()
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Terms in this set (315)
Verification Form I-9 must be 3 days
completed by applicants providing
proof of identity and employment
eligibility within ______ of employment.
What type of business is the easiest Sole Proprietorship
to establish and allows the owner to
determine how profits are used
although they are personally liable
for all debt and assets?
A ______is a joint co-owner partnership General Proprietorship
established to specifically increase
bonding and bidding capacities and
profits.
Provisions of the Americans with 15 or more
Disabilities (ADA) Law apply to
employers having _____ employees.
, What Federal Act requires those Davis Bacon
working on federal and federally
funded construction projects to be
paid a minimum prevailing wage for
their trade?
Which of the following are fringe Paid vacation, sick leave, 401k plan company
benefits that supplement an vehicle
employee's hourly wage?
To avoid being held liable, the Lien release
contractor must file a _______ once the
lien payment is received.
What is the Michigan Act 230? It creates the Commission and regulates code and
inspections in the State.
What unit is issued a Certificate of Manufactured home
Acceptability and will not be
inspected at the site?
What is the purpose of the To get paid by the contractor
subcontractor completing a Sworn
Statement?
What is the purpose of a Partial To prove that partial payment to subs or suppliers
Unconditional Waiver? has been received.
The subcontractor has ______ to file a 90 days
lien against the property for non-
payment from the contractor.
2025 Questions and Answers ()
(Verified Answers)
Save
Terms in this set (315)
Verification Form I-9 must be 3 days
completed by applicants providing
proof of identity and employment
eligibility within ______ of employment.
What type of business is the easiest Sole Proprietorship
to establish and allows the owner to
determine how profits are used
although they are personally liable
for all debt and assets?
A ______is a joint co-owner partnership General Proprietorship
established to specifically increase
bonding and bidding capacities and
profits.
Provisions of the Americans with 15 or more
Disabilities (ADA) Law apply to
employers having _____ employees.
, What Federal Act requires those Davis Bacon
working on federal and federally
funded construction projects to be
paid a minimum prevailing wage for
their trade?
Which of the following are fringe Paid vacation, sick leave, 401k plan company
benefits that supplement an vehicle
employee's hourly wage?
To avoid being held liable, the Lien release
contractor must file a _______ once the
lien payment is received.
What is the Michigan Act 230? It creates the Commission and regulates code and
inspections in the State.
What unit is issued a Certificate of Manufactured home
Acceptability and will not be
inspected at the site?
What is the purpose of the To get paid by the contractor
subcontractor completing a Sworn
Statement?
What is the purpose of a Partial To prove that partial payment to subs or suppliers
Unconditional Waiver? has been received.
The subcontractor has ______ to file a 90 days
lien against the property for non-
payment from the contractor.
