What is the best means to insure that funds are readily available for a job? - ANSWER
Check for cost overruns
What is the best way to choose the right insurance company? - ANSWER Cost of coverage
What is the best means to check that all phases of a job have been performed? - AN-
SWER Create a punch list
The problem of retention is greatest for whom? - ANSWER Subcontractors who com-
pleter their work early in a project
When a home improvement contract is signed, the contractor must substantially begin work
within ____ days of the specified in the contract? - ANSWER 20 days
Which of the following contracts can be cancelled by the customer? A: Sub Contract
B: Prime construction contract
C: Home solicitation contract which involves fencing, burglar, alarm, carpentry, and texture
coating
D: Home improvement contract involving free standing bookcases, rugs, and window air
conditioning. - ANSWER C: Home solicitation contract which involves, fending, burglar,
alarm, carpentry, and texture coating.
Who must sign a joint control addendum to a home improvement contract? (Joint Control
Addendum is when a third party is involved with the contract) - ANSWER Owner, contrac-
tor and joint control officer
1
, A notice canceling a home solicitation contract becomes effective when? - ANSWER
When the written notice is deposited in the mail.
When should a contractor renew his/her license - ANSWER 30 days before it expires
Which of the following individuals will be required to obtain a contractors license?
A: A civil service repairman
B: A pool supply company
C: A mill worker who constructs cabinets
D: An individual who repairs or monitors a fire alarm system - ANSWER D: An individual
who repairs or monitors a fire alarm
(A license is only needed when working on a fixed structure)
If a contractor forgets to renew the contractors license on time, then the expired contract
may be renewed anytime within ___ after is expiration, without applying for the license and
fulfilling the exam or waiver requirements again. - ANSWER 5 years
How many companies can an RME qualify for at a time? - ANSWER Only one
(However an RME can qualify for more than on company under certain circumstances)
Where must the contractor include the Notice to Owner? - ANSWER In all home improve-
ment contracts over 500$
A Stop Notice is the only single means to force payments on a public-work job; you may not
put a lien on the property. In the even a contractor may need to serve a Stop Notice on a
public-works job. he should serve it to the...? - ANSWER Awarding authority
How old must a worker be to do heavy work in construction? - ANSWER 18 years of age
2
Check for cost overruns
What is the best way to choose the right insurance company? - ANSWER Cost of coverage
What is the best means to check that all phases of a job have been performed? - AN-
SWER Create a punch list
The problem of retention is greatest for whom? - ANSWER Subcontractors who com-
pleter their work early in a project
When a home improvement contract is signed, the contractor must substantially begin work
within ____ days of the specified in the contract? - ANSWER 20 days
Which of the following contracts can be cancelled by the customer? A: Sub Contract
B: Prime construction contract
C: Home solicitation contract which involves fencing, burglar, alarm, carpentry, and texture
coating
D: Home improvement contract involving free standing bookcases, rugs, and window air
conditioning. - ANSWER C: Home solicitation contract which involves, fending, burglar,
alarm, carpentry, and texture coating.
Who must sign a joint control addendum to a home improvement contract? (Joint Control
Addendum is when a third party is involved with the contract) - ANSWER Owner, contrac-
tor and joint control officer
1
, A notice canceling a home solicitation contract becomes effective when? - ANSWER
When the written notice is deposited in the mail.
When should a contractor renew his/her license - ANSWER 30 days before it expires
Which of the following individuals will be required to obtain a contractors license?
A: A civil service repairman
B: A pool supply company
C: A mill worker who constructs cabinets
D: An individual who repairs or monitors a fire alarm system - ANSWER D: An individual
who repairs or monitors a fire alarm
(A license is only needed when working on a fixed structure)
If a contractor forgets to renew the contractors license on time, then the expired contract
may be renewed anytime within ___ after is expiration, without applying for the license and
fulfilling the exam or waiver requirements again. - ANSWER 5 years
How many companies can an RME qualify for at a time? - ANSWER Only one
(However an RME can qualify for more than on company under certain circumstances)
Where must the contractor include the Notice to Owner? - ANSWER In all home improve-
ment contracts over 500$
A Stop Notice is the only single means to force payments on a public-work job; you may not
put a lien on the property. In the even a contractor may need to serve a Stop Notice on a
public-works job. he should serve it to the...? - ANSWER Awarding authority
How old must a worker be to do heavy work in construction? - ANSWER 18 years of age
2
