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Florida Contractors Manual 102 Questions and Correct Answers from Actual Exam 2026. A + SCORE. ULTIMATE GUIDE.pdf

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Florida Contractors Manual 102 Questions and Correct Answers from Actual Exam 2026. A + SCORE. ULTIMATE GUIDE.pdf

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102 Questions Florida Contractors Manual
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Practice questions for this set


Learn 1 /7 Study with Learn




What is the maximum bond amount for an SBA guaranty program?



Choose an answer



1 $2,000,000 2 $5,000,000



3 $500,000 4 $100,000



Don't know?




Terms in this set (104) Hide definitions




How long is a properly registered fictitious name valid? 2 years


Which agency has jurisdiction over dredging or U.S Army Corps of Engineers
excavation of navigable waters and wetlands?


What is the name of the form used to apply for sales tax? DR-1

, Which statement is NOT true about fictitious name Valid for 5 years.
registration?


If a partnership is dissolved with a net loss of $60,000, $60,000
how much would Noah owe?


Which of the following is not a disadvantage of owning a The owner has limited personal liability.
sole proprietorship?


A partnership will be dissolved if which of the following A and C (Unlawful Activity and a court decree under the partnership act)
applies?


Which statement is NOT characteristic of a General and The limited partnership has two types of partners: a partnership only one.
Limited Partnership?


Which statement is true about a sole proprietorship? Both A and B (Absolute authority over all business decisions and the owner
manages the business and is responsible for all decisions.)


What is an advantage of owning a corporation? Continuity of existence.


Which of the following is a correct example of a required Employers' annual unemployment (fed.) tax return - form 941.
form?


What applies to a qualifying agent of a corporation? He must be certified or registered under this part in order for the business
organization to operate.




A contractor who loans his license may be fined up to? $10,000


What is the maximum additional administrative fine the $2,500
board may impose for a violation?


What is the maximum fee for voluntary inactive status $50
during the inactive period?

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