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Exam (elaborations)

Virginia Contractor-s Exam Question & Answers ( Latest 2025).docx

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Virginia Contractor-s Exam Question & Answers ( Latest 2025).docx

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GRCC BI 121 Lec Unit 1 Revie Exa Question & Answ
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GRCC BI 121 Lec Unit 1 revie Exa Question & Answ
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GRCC BI 121 Lec Unit 1 revie Exa Question & Answ

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February 21, 2025
Number of pages
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Written in
2024/2025
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Virginia Contractor's Exam Question &
Answers ( Latest 2025)
What is the MAXIMUM penalty for a contractor who undertakes work
without the proper class of license? - Correct Answers ✅$500 fine per
day for each day of violation plus penalties for a misdemeanor.


What is the PRIMARY purpose of licensing? - Correct Answers
✅Protect the health and welfare of the public.


The application for licensure MUST include - Correct Answers ✅the
business address of the proposed designated employee.


All of the following must be licensed EXCEPT - Correct Answers ✅a
material supplier who advises a contractor.


When a claimant is paid funds from the Contractors Recovery Trust
Fund - Correct Answers ✅the contractor's license is revoked.


All Class A contractor licensure applications MUST include - Correct
Answers ✅information on the knowledge, skills, and abilities of the
applicant.


Which of the following is a requirement for a joint venture? - Correct
Answers ✅Either the joint venture or each contracting party of the
joint venture must be licensed

, Virginia Contractor's Exam Question &
Answers ( Latest 2025)
How much is the Class A initial license fee not including the Recovery
Fund fee? - Correct Answers ✅$360


According to the Board Rules and Regulations, a full-time employee is
one who works a MINIMUM of how many hours per week? - Correct
Answers ✅30 hours.


According to the Board Rules and Regulations, which of the following
could be a qualified individual? - Correct Answers ✅Any full-time
employee


A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of - Correct Answers ✅$15,000


A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days? - Correct Answers ✅30 days.


Additions to buildings MUST comply with - Correct Answers ✅the
current code for new construction.


When MUST the work be stopped following the issuance of a stop work
order? - Correct Answers ✅Immediately

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