PRACTICE EXAM QUESTIONS
AND COMPLETE SOLUTIONS
GRADED A+
Your Exam Plug
, Minnesota requires that all builders continue their education by attending 14 hours of
classroom study per 2-year cycle, with at least 1 hour dedicated to: - Answer: Energy Efficiency
It is a law that you must notify, in writing, if you change your business name or your address
where you conduct business, within: - Answer: 15 Days
Penalties for violation of laws relating to the residential building industry include: - Answer: All
of the above
A person can be a qualifying person for two corporations if at least 25% of each corporation has
common ownership, or the second corporation is a subsidiary of the parent corporation with at
least 25% owned by the parent. - Answer: True
A company has __________ days from the departure of a qualifying licensee to obtain a new
qualifying person. - Answer: 120
By law, you must display the license number on all building permits, applications, business
cards, contracts, lien claims and display advertising. - Answer: True
It is the responsibility of the subcontractors to comply with the state building code. - Answer:
False
A person required to be licensed, who performs unlicensed work, is guilty of a misdemeanor. -
Answer: True
A person required to be licensed, who violates an order from the Commissioner, is guilty of a
gross misdemeanor. - Answer: True
10) An unlicensed person cannot exercise lien rights in the State of Minnesota. If a lien is placed,
the state will consider it: - Answer: Void
AND COMPLETE SOLUTIONS
GRADED A+
Your Exam Plug
, Minnesota requires that all builders continue their education by attending 14 hours of
classroom study per 2-year cycle, with at least 1 hour dedicated to: - Answer: Energy Efficiency
It is a law that you must notify, in writing, if you change your business name or your address
where you conduct business, within: - Answer: 15 Days
Penalties for violation of laws relating to the residential building industry include: - Answer: All
of the above
A person can be a qualifying person for two corporations if at least 25% of each corporation has
common ownership, or the second corporation is a subsidiary of the parent corporation with at
least 25% owned by the parent. - Answer: True
A company has __________ days from the departure of a qualifying licensee to obtain a new
qualifying person. - Answer: 120
By law, you must display the license number on all building permits, applications, business
cards, contracts, lien claims and display advertising. - Answer: True
It is the responsibility of the subcontractors to comply with the state building code. - Answer:
False
A person required to be licensed, who performs unlicensed work, is guilty of a misdemeanor. -
Answer: True
A person required to be licensed, who violates an order from the Commissioner, is guilty of a
gross misdemeanor. - Answer: True
10) An unlicensed person cannot exercise lien rights in the State of Minnesota. If a lien is placed,
the state will consider it: - Answer: Void