CA Contractors license test questions Business and Law
CA Contractors license test questions Business and Law
Study online at https://quizlet.com/_67x4b7
1. How much time does a 5 year
contractor have to re-
new his license after the
expiration date without
retaking the exam?
2. When you collect sales State board of equalization
tax from your customer Sales tax is a state tax. State income taxes are payable to the franchise
for goods, which agency tax board. IRS only collects federal taxes
do you report and pay
sales tax collected?
3. How long is the contrac- 4 years
tor liable for patent or
visible defects?
4. How long is the contrac- Latent is an invisible or structural defect liable for up to 10 years
torr liable for latent or
structural defects
5. Accounts receivable Retention
contains Retention usually 10%; it is withheld by the owner from the contract to
ensure that the job is done properly and subcontractors are paid.
6. What is considered a Office rent
fixed cost to a contrac-
tor?
7. What is considered a Construction material
variable cost to contrac-
tors?
8. spanish
1/9
, CA Contractors license test questions Business and Law
CA Contractors license test questions Business and Law
Study online at https://quizlet.com/_67x4b7
If a home solicitation
presentation is made
in spanish, the contract
language must be
9. If the employer re- Employer
quires a pre-employe-
ment physical exam,
who must pay for the
exam?
10. How often should a 2 years
contractor renew his li- Licenses become void after 5
cense?
11. What is the overtime 1.5.
pay rate after 8hrs of after 12, rate doubles
work
12. What should be includ- Reason for change
ed in the change order
form
13. What is the benefit of Arbitration is cheaper
arbitration over legisla-
tion
14. When the total price of $500
the bid is over____ the
contractor must be li-
censed
15. IRS
2/9
CA Contractors license test questions Business and Law
Study online at https://quizlet.com/_67x4b7
1. How much time does a 5 year
contractor have to re-
new his license after the
expiration date without
retaking the exam?
2. When you collect sales State board of equalization
tax from your customer Sales tax is a state tax. State income taxes are payable to the franchise
for goods, which agency tax board. IRS only collects federal taxes
do you report and pay
sales tax collected?
3. How long is the contrac- 4 years
tor liable for patent or
visible defects?
4. How long is the contrac- Latent is an invisible or structural defect liable for up to 10 years
torr liable for latent or
structural defects
5. Accounts receivable Retention
contains Retention usually 10%; it is withheld by the owner from the contract to
ensure that the job is done properly and subcontractors are paid.
6. What is considered a Office rent
fixed cost to a contrac-
tor?
7. What is considered a Construction material
variable cost to contrac-
tors?
8. spanish
1/9
, CA Contractors license test questions Business and Law
CA Contractors license test questions Business and Law
Study online at https://quizlet.com/_67x4b7
If a home solicitation
presentation is made
in spanish, the contract
language must be
9. If the employer re- Employer
quires a pre-employe-
ment physical exam,
who must pay for the
exam?
10. How often should a 2 years
contractor renew his li- Licenses become void after 5
cense?
11. What is the overtime 1.5.
pay rate after 8hrs of after 12, rate doubles
work
12. What should be includ- Reason for change
ed in the change order
form
13. What is the benefit of Arbitration is cheaper
arbitration over legisla-
tion
14. When the total price of $500
the bid is over____ the
contractor must be li-
censed
15. IRS
2/9
