Contractors Business/Law Exam with question and well
verified answers @2026!!!
A 1120-S form is used with with of the following business entities for filing the companies business
income tax returns? - ANSWERS💫✔️-Sub Chapter S Corporation
A claimant in Utah MUST file notice to hold and claim a lien within how many days after a substantial
protion of the work is completed in a residence? - ANSWERS💫✔️-180 Days
A company will NOT need to file a report for an injury that results in - ANSWERS💫✔️-Only a minor cut or
scratch
A laborer is NOT considered an employee if you - ANSWERS💫✔️-Provide a 1099
A laborer is NOT considered an employee if you - ANSWERS💫✔️-Provide a 1099
A lien is placed on a property, and it was paid so the property can be sold. How many days does the lien
holder have to remove it? - ANSWERS💫✔️-10 days
A preliminary notice should be filed by a contractor how many days after the commencement of the day
of the project? - ANSWERS💫✔️-20 days
A qualifier must prove DOPL that? - ANSWERS💫✔️-that they have a management position
A subcontractor has not been paid on a federal job by XYZ General Contractors. According to the MILLER
ACT how long from the completion date of the job must the subcontractor wait before filing a lawsuit
against the bond XYZ General Contractors? - ANSWERS💫✔️-90 days
According to the OSHA which is the most hazardous? - ANSWERS💫✔️-Lead
, According to Utah Mechanics Lien Laws, when satisfying liens, who would take first priority of payment?
- ANSWERS💫✔️-Laborers who worked on job
After hiring a disabled person, which of the following can't you do, according to the American with
Disabilities Act? - ANSWERS💫✔️-Require a medical examination of just the person you suspect is
disabled.
After the division receives an application for licensure, how many days does the division have to decide
whether to issue a license to that applicant? - ANSWERS💫✔️-5 days# NASLCA 2nd edition pg E-34 58-55-
403
All of the following are considered source documents in an accounting system EXCEPT: - ANSWERS💫✔️-
Tax Returns
An employer fails to provide safety equipment for a project and an employee is injured. What additional
percentage of the workers compensation claim is the employee entitled to? - ANSWERS💫✔️-15
An employer is required to work overtime but is not paid for the overtime worked. If the secretary of
labor brings suit against the employer what amount can the secretary require the employer to pay? -
ANSWERS💫✔️-Twice the overtime pay
An employer must determine how much income tax to withhold from each employees wages. What is
the document used to determine the amount to be withheld? - ANSWERS💫✔️-Form W-4
An employer must submit a completed I-9 form for all employees within how may days of hire date? -
ANSWERS💫✔️-3 days
An owner requires a contractor to indemnify the owner for damages of extra costs incurred. If the
contractor wants the contract he should? - ANSWERS💫✔️-have the contract reviewed by an insurance
agent
By what date must employees send W-2 statements to employees who have had taxes withheld and
who are still working for the employer as of December 31st? - ANSWERS💫✔️-January 31st
verified answers @2026!!!
A 1120-S form is used with with of the following business entities for filing the companies business
income tax returns? - ANSWERS💫✔️-Sub Chapter S Corporation
A claimant in Utah MUST file notice to hold and claim a lien within how many days after a substantial
protion of the work is completed in a residence? - ANSWERS💫✔️-180 Days
A company will NOT need to file a report for an injury that results in - ANSWERS💫✔️-Only a minor cut or
scratch
A laborer is NOT considered an employee if you - ANSWERS💫✔️-Provide a 1099
A laborer is NOT considered an employee if you - ANSWERS💫✔️-Provide a 1099
A lien is placed on a property, and it was paid so the property can be sold. How many days does the lien
holder have to remove it? - ANSWERS💫✔️-10 days
A preliminary notice should be filed by a contractor how many days after the commencement of the day
of the project? - ANSWERS💫✔️-20 days
A qualifier must prove DOPL that? - ANSWERS💫✔️-that they have a management position
A subcontractor has not been paid on a federal job by XYZ General Contractors. According to the MILLER
ACT how long from the completion date of the job must the subcontractor wait before filing a lawsuit
against the bond XYZ General Contractors? - ANSWERS💫✔️-90 days
According to the OSHA which is the most hazardous? - ANSWERS💫✔️-Lead
, According to Utah Mechanics Lien Laws, when satisfying liens, who would take first priority of payment?
- ANSWERS💫✔️-Laborers who worked on job
After hiring a disabled person, which of the following can't you do, according to the American with
Disabilities Act? - ANSWERS💫✔️-Require a medical examination of just the person you suspect is
disabled.
After the division receives an application for licensure, how many days does the division have to decide
whether to issue a license to that applicant? - ANSWERS💫✔️-5 days# NASLCA 2nd edition pg E-34 58-55-
403
All of the following are considered source documents in an accounting system EXCEPT: - ANSWERS💫✔️-
Tax Returns
An employer fails to provide safety equipment for a project and an employee is injured. What additional
percentage of the workers compensation claim is the employee entitled to? - ANSWERS💫✔️-15
An employer is required to work overtime but is not paid for the overtime worked. If the secretary of
labor brings suit against the employer what amount can the secretary require the employer to pay? -
ANSWERS💫✔️-Twice the overtime pay
An employer must determine how much income tax to withhold from each employees wages. What is
the document used to determine the amount to be withheld? - ANSWERS💫✔️-Form W-4
An employer must submit a completed I-9 form for all employees within how may days of hire date? -
ANSWERS💫✔️-3 days
An owner requires a contractor to indemnify the owner for damages of extra costs incurred. If the
contractor wants the contract he should? - ANSWERS💫✔️-have the contract reviewed by an insurance
agent
By what date must employees send W-2 statements to employees who have had taxes withheld and
who are still working for the employer as of December 31st? - ANSWERS💫✔️-January 31st
