Builders Exam MI - Business
and Law questions with
verified solutions 2025-
2026(100% pass)
Which is not a requirement to obtain a builder's license? -
answer Taking a builder's course and a one year
apprenticeship.
If the license of the qualified officer, partner, trustee,
director, officer, member, or person exercising control of
the corporation, partnership, or other association is
revoked, or denied, the license of the corporation,
partnership or other association shall: - answer be
suspended
The following are exempt from licensure except: - answer
a person working on one undertaking or project by one or
more contracts in which the total contract price is more
than $600.00
A residential builder or maintenance and alteration
contractors license is not required if: - answer you are an
officer of a court acting within the terms of the officer's
office
What is considered a legitimate place of business for a
licensed builder? - answer an actual established, physical
, location from which the builder can and does conduct
business and where books and records are kept
Who sets the standards of conduct, performance,
qualifications and fitness of applicants, conducts
investigations, settles complaints, and handles
disciplinary procedures? - answer the board
A builder: - answer must display the licenses of his
salespersons in his place of business
Sole proprietors, corporations, LLCs and partnerships all
have to purchase a license. What other entities require
the purchase of a license? - answer Salespersons,
Qualifying officers of Corps, LLCs and Partnerships, All
branch offices
Owners must make available a "Notice of Commencement"
which will provide the correct information as to the owner
or owners of a property and their correct addresses. If a
contractor requests a copy the owner must provide it
within ________. - answer 10 days
If a license is suspended or revoked, the licensee must
return it to the Department within: - answer 10 days
The ___________ is a Michigan specific civil rights legislation.
- answer Elliott-Larson Civil Rights Act
and Law questions with
verified solutions 2025-
2026(100% pass)
Which is not a requirement to obtain a builder's license? -
answer Taking a builder's course and a one year
apprenticeship.
If the license of the qualified officer, partner, trustee,
director, officer, member, or person exercising control of
the corporation, partnership, or other association is
revoked, or denied, the license of the corporation,
partnership or other association shall: - answer be
suspended
The following are exempt from licensure except: - answer
a person working on one undertaking or project by one or
more contracts in which the total contract price is more
than $600.00
A residential builder or maintenance and alteration
contractors license is not required if: - answer you are an
officer of a court acting within the terms of the officer's
office
What is considered a legitimate place of business for a
licensed builder? - answer an actual established, physical
, location from which the builder can and does conduct
business and where books and records are kept
Who sets the standards of conduct, performance,
qualifications and fitness of applicants, conducts
investigations, settles complaints, and handles
disciplinary procedures? - answer the board
A builder: - answer must display the licenses of his
salespersons in his place of business
Sole proprietors, corporations, LLCs and partnerships all
have to purchase a license. What other entities require
the purchase of a license? - answer Salespersons,
Qualifying officers of Corps, LLCs and Partnerships, All
branch offices
Owners must make available a "Notice of Commencement"
which will provide the correct information as to the owner
or owners of a property and their correct addresses. If a
contractor requests a copy the owner must provide it
within ________. - answer 10 days
If a license is suspended or revoked, the licensee must
return it to the Department within: - answer 10 days
The ___________ is a Michigan specific civil rights legislation.
- answer Elliott-Larson Civil Rights Act
