trades Exam Questions With Correct Answers (Verified
Answers) 2026 Q&A | Instant Download Pdf
Which of the following is NOT true concerning a joint-control addendum to
a contract?
A. It prevents the contractor from being paid more than the value of the
work completed
B. It safeguards the consumer's property from liens by requiring
contractor's to supply lien releases
C. It analyzes the contract, plans, breakdown of costs and prepares an
account from which funds will be disbursed
D. It is controlled by the Contractor's State License Board
D. It is controlled by the Contractor's State License Board
Who must sign a joint-control addendum to a home improvement contract?
A. Contractor's only
B. Owner and contractor
C. Owner, contractor and Notary Public
D. Owner,contractor and joint control officer
D. Owner,contractor and joint control officer
,When a joint-control addendum is issued, which of the following does
NOT have to be included in a home improvement contract?
A. Owner's signature
B. Schedule of payments
C. Notice to owner
D. License number of the contractor
B. Schedule of payments
Which of the following is true concerning surety bonds?
A. They are required in order to obtain a contractor's license number
B. They are valued at $7500 for all contractor's
C. They are required in case you accidentally damage the customer's
property
D. All of the above
A. They are required in order to obtain a contractor's license number -
Bonds do not cover damage
, Of the following, who will NOT stand to benefit from a contractor's bond?
A. Any client damaged as a result of regulation violations by the contractor
B. Any person damaged due to fraud on the part of the contractor
C. Any subcontractor damaged due to an accident
D. Any employee damaged by the contractor's failure to pay wages
C. Any subcontractor damaged due to an accident
Which of the following is NOT eligible to receive benefits from a
contractor's license bond?
A. A customer who was defrauded by the contractor
B. A subcontractor involved in an accident on the job site
C. An employee who was not paid wages that where due
D. A homeowner with a valid claim that the contractor abandoned the job
B. A subcontractor involved in an accident on the job site
Which bond guarantees that a contractor's work will be free of defects
in material and workmanship for a specific period of time?
A. Performance bond
B. Licensure bond
C. Satisfaction bond
D. Maintenance bond
D. Maintenance bond