Naslca Virginia Exam Practice Questions with correct Answers

What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - ANSWER-$500 fine per day for each day of violation plus penalties for a misdemeanor. All Class A contractor licensure applications MUST include - ANSWER-information on the knowledge, skills, and abilities of the applicant. What is the PRIMARY purpose of licensing? - ANSWER-Protect the health and welfare of the public. When a claimant is paid funds from the Contractors Recovery Trust Fund - ANSWER-the contractor's license is revoked. !!! The application for licensure MUST include - ANSWER-the business address of the proposed designated employee. Which of the following is a requirement for a joint venture? - ANSWER-Either the joint venture or each contracting party of the joint venture must be licensed. All of the following must be licensed EXCEPT - ANSWER-a material supplier who advises a contractor. How much is the Class A initial license fee? - ANSWER-$200