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Exam (elaborations)

FLORIDA CONTRACTOR-S INSTITUTE - BUSINESS & FINANCE EXAM QUESTIONS WITH DETAILED/VERIFIED ANSWERS

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FLORIDA CONTRACTOR-S INSTITUTE - BUSINESS & FINANCE EXAM QUESTIONS WITH DETAILED/VERIFIED ANSWERS

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in coordinance with the construction lien Law chapter 713 Florida Statutes, if the
contract price in the contract between an owner and the contractor is _______ or less,
then the only lien rights are those of the contractor.


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$ 2,500




in accordance with the Florida's workers Compensation Act, coverage is to an
employer in the construction industry who employs______ or more full time or part-time
employees.


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, 1




in accordance with the occupational safety and health act OSHA, a small Contracting
firm owned and operated by two partners with ______ employees isn't covered by the
act because partners aren't considered employees.


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0




in accordance with the Florida Employer Guide to unemployment tax, the employer
pays payroll taxes levied by the ____________, ___________ governments.


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State ,Federal




in coordinance with construction contracts in liabilities, one definition of the term
contract is a mutual manifestation or understanding of ascent to particular ________ that
is supported by consideration and exchange of something of value or harm to the
other party


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duties ,undertakings ,obligations

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