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VA Contractors License Exam – Verified Questions and Answers, Virginia Licensing Board, Comprehensive Study Guide (Exam Preparation Material)

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This document contains a complete set of VA Contractors License exam questions with verified answers, covering essential topics such as licensing requirements, building codes, contract law, OSHA regulations, financial calculations, and tax compliance. It includes both conceptual and calculation-based questions designed to strengthen practical understanding and exam readiness. The material spans key areas like project management, safety regulations, estimating, accounting principles, and legal responsibilities, making it a thorough and up-to-date resource for contractor licensing exam preparation.

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VA CONTRACTORS LICENSE EXAM
QUESTION AND VERIFIED ANSWERS
LATEST AND COMPREHENSIVE
VERSION WITH INSTANT PDF
DOWNLOAD



An Owner Makes A Progress Payment To The Contractor One Day
Later Than Originally Called For By The Contract. The Contractor
Decides To Abandon The Job Without Completing It. The Contractor
Probably


a) Is Legally Justified
b) Has Committed A Material Breach Of The Contract.
c) Should Have Obtained A Lien Against The Property
d) Should Have Requested Change Order. -
Correct Answer > B) Has Committed A Material Breach Of
The Contract


What Is Required When Changing The From Of Entity From A Sole
Proprietorship To A Corporation - Correct Answer > A New
License


Who Can File A Complaint Against A Contractor? (Under The
Recovery Fund) -
Correct Answer > Residential Property Owner


What Is The Maximum Fund Allowed For A Single Contractor? (Per
Biennium) -
Correct Answer > $40,000

,Irs Form 941 Is Used For .


a) Federal Unemployment Taxes And Due.
b) Quarterly Federal Tax Deposits Paid Due.
c) Alien Workers
d) Company Income - Correct Answer > B) Quarterly
Federal Tax Deposits Paid Due.


A Verified Claim For Payment From The Transaction Recovery Fund
Must Occur Within A Maximum Of What Period Of Time From The
Date The Claimant Was Awarded A Final Judgement? -
Correct Answer > 12 Months


If A Contract Awards More Than $ Per Payment, The
Contractor Is Required To Have A Class A. - Correct
Answer > $120,000


An Erosion Control Conservation Plan Needs To Be Approved Within
Days. -
Correct Answer > 60 Days


Where Do You Go To File An Appeal Of A Violation To The Usbc
Provisions? -
Correct Answer > To The
Lbbca Local
Board Of Building Code
Appeals

,A Contractor Is Required To Submit A Renewal Within Days
Of The Expiration Date? - Correct Answer > 30


To Whom Should A Stop Work Order Be Given? - Correct
Answer > Owner, Owner's Agent Or The Person Doing The Work


Within How Many Days Should Be Submitted An Appeal For
Construction? -
Correct Answer > 30 Days


An Appeal Of The Local Building Officials Decision To Refuse To
Grant A Modification To The Usbc Must Be Made Within How Many
Days? - Correct Answer > 30 Days


Documents Related To A Contract Should Be Kept For Years? -
Correct Answer > 5


Where Should One Set Of All Approved Building Documents Be Kept?
-
Correct Answer > At The Building Site


An Erosion Control Conservation Specification Needs To Be
Approved
Within

Days - Correct Answer > 45 Days


After Notification By The Code Official, An Application For A Permit
Shall Be Considered To Have Been Abandoned For Months -

, Correct Answer > 6

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