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Louisiana Business and Law exam with question and well verified answers 2026!!!

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Louisiana Business and Law exam with question and well verified answers 2026!!!

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Louisiana Business and Law exam with question and well
verified answers 2026!!!
The purpose of the contractor licensing laws is to - ANSWERS✔️💫-Protect the public from fraudulent
contractors

Protect against inexperienced contractors

Protect the health, safety and general welfare of the public



Any construction project other than residential homes, a single residential duplex, tri-plex, or four-plex. -
ANSWERS✔️💫-Commercial project



A contractor is a person that works on a project valued at ______ or more for commercial purposes
other than residential duplexes, tri-plexes or four-plexes. - ANSWERS✔️💫-$50,000



A ___________ is the person who contracts directly with the owner. - ANSWERS✔️💫-General contractor



A contractor that works on a preexisting owner occupied building is considered a _________ . -
ANSWERS✔️💫-Home improvement contractor



A residential contractor is one who constructs a fixed structure when the cost exceeds _________. -
ANSWERS✔️💫-$75,000



The state licensing board is comprised of ____ members. - ANSWERS✔️💫-15



The board has the power to do any of the following EXCEPT: - ANSWERS✔️💫-Sue unlicensed contractors



Licenses and renewals expire on _______. - ANSWERS✔️💫-The anniversary date the license was issued



An applicant must furnish the board with proof of financial responsibility including proof of net worth of
at least ______ . - ANSWERS✔️💫-$10,000

,Is an applicant permitted to furnish a bond in lieu of proof of net worth? - ANSWERS✔️💫-yes



When a qualifying party of a construction company leaves employment, the company has how many
days to inform the board? - ANSWERS✔️💫-30 days



A qualifying party can be which of the following: - ANSWERS✔️💫-A co-partner

A stockholder

An employee who has been with the company at least 120 days

All of the above



An owner of a property who is improving their home for their own use does not have to have a license
to do construction work. - ANSWERS✔️💫-True



If you fail to comply with the rules of the board, you are subject to revocation or suspension of your
license. - ANSWERS✔️💫-True



If you have been found guilty of violating the rules of the board more than twice in one year, you will
not be permitted to bid on a public project for up to ____ years - ANSWERS✔️💫-3



If a license has been denied by the board, the applicant has ____ to appeal. - ANSWERS✔️💫-6 months



A contractor who is unlicensed may be found guilty of a misdemeanor, and fined up to ________. -
ANSWERS✔️💫-$500 per day of the violation



If an unlicensed contractor causes harm or damage to another in excess of $300, they can be fined up to
______ and possibly be imprisoned up to _____ . - ANSWERS✔️💫-$5,000 and 5 years



If a contractor has been ordered to cease and desist work, and fails to do so, that contractor shall not be
permitted to apply for a license for ___________ . - ANSWERS✔️💫-1 year

, A residential contractor must provide all of the following EXCEPT: - ANSWERS✔️💫-Proof of five years
experience



A contractor who opts to place his license in an inactive status must still submit proof of insurance
coverage. - ANSWERS✔️💫-False



Residential contractors must pay a renewal fee of _____. - ANSWERS✔️💫-$100.00



Residential contractors must pay a license fee of _____. - ANSWERS✔️💫-$100.00



A home improvement project , in excess of _______ MUST have a written contract between the
contractor and the owner. - ANSWERS✔️💫-$7,500



A home improvement contractor is required to register with the Residential Building Contractors
Subcommittee. - ANSWERS✔️💫-True



A residential contractor must complete a minimum of _____ of continuing education per year. -
ANSWERS✔️💫-6 hours



Under LA contractor rules and regulations, all applications must include: - ANSWERS✔️💫-References

Federal employer identification number

Fees

All of the above



Is it permitted for a company to have more than one qualifying party? - ANSWERS✔️💫-Yes



An applicant for a home improvement license must provide proof of registration and proof of _______. -
ANSWERS✔️💫-Workers Compensation Insurance



Who is entitled to file a lien in Louisiana? - ANSWERS✔️💫-laborers

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