Business and Law Test California CSLB with Complete Solutions

Business and Law Test California CSLB with Complete Solutions Business and Law Test California CSLB with Complete Solutions Business and Law Test California CSLB with Complete Solutions overhead - ANSWER-The costs of running your business, including office expenses, etc. Stop notice - ANSWER-A document given for the purpose of stopping, intercepting, or freezing funds that have not yet been paid on a construction project in an attempt to ensure payment. What is required to for a stop notice to take effect? - ANSWER-20-day preliminary notice must have been sent in order for a Stop Payment Notice to take effect. What is a Preliminary notice - ANSWER-A preliminary notice is a document sent at the beginning of a construction job to inform the GC and property owner of their work on the project. California requires subcontractors and suppliers to send preliminary notice in order to preserve their right to file a mechanics lien if they don't receive payment. What is the purpose of a I-9? - ANSWER-A new-hire will fill out an I-9 form to verify their employment eligibility status.. DE-1 forum - ANSWER- What is a US-99 - ANSWER-A record that an entity or person paid you. The payer fills out the 1099 form and sends copies to you and the IRS. There are several kinds of 1099 forms.