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Exam (elaborations)

Contractor Construction Management question with correct answers

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An administrative fine that the board can impose for engaging in business or submitting a bid without a contractors license. Correct Answer-$1000-$50000 How many days does the employer have to furnish a W-2 if an employee requests a copy Correct Answer-30 Business Owners who fail to comply with Workers compensation laws may have to pay fines of up to_______ or have their business closed until the insurance has been obtained. Correct Answer-$15000 Use tax is typically assessed at Correct Answer-the same rate as sales tax If the owner does NOT file a notice of completion the contractor has _____ days after completing the work to file a notice of Lien against the owner's property and begin the lien process. Correct Answer-90 What is the maximum administrative fine for abandonment or failure to complete a construction project? Correct Answer-$10000 a single Residential Recovery claim cannot exceed Correct Answer-$35000 A delay in work is not a breach of __________ Correct Answer-contract The clause in the subcontractors agreement reads that " a subcontractor binds themselves to the contractor for the perf

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Contractor Construction Management
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Contractor Construction Management

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Uploaded on
September 28, 2023
Number of pages
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Written in
2023/2024
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