Business Test Study Guide (Real) Q-Bank with
Solutions (Verified Answers) Update 2025.
Terms in this set (177)
Quiz____?
Who must be licensed as a contractor? -
Answer✓✓
Anyone who constructs or alters on any job that costs 500 dollars or more.
Quiz____?
How old do your have to be to get a contractors license. -
Answer✓✓
18
Quiz____?
What are the types of licenses issued. -
Answer✓✓
Individual, partnership, or corporation licenses. Joint Venture licenses are made up of 2 individual
active licenses for a specific purpose.
Page 1 of 47
, Quiz____?
Does California recognize contractors licenses from other states or countries? -
Answer✓✓
No
Quiz____?
What charge is it to contract without a license? -
Answer✓✓
Misdemeanor, meaning potential jail time, fines and administrative fines
Quiz____?
Are there educational requirements to obtain a contractors license? -
Answer✓✓
No
Quiz____?
Can technical training and apprenticeship training substitute the required training required for the
4 years needed. -
Answer✓✓
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,Yes. As long as the applicant has a minimum of 1 year of practical experience.
Quiz____?
Are all applicants required to submit to a background check? -
Answer✓✓
Yes
Quiz____?
What are the total fees I must pay to obtain a contractor license? -
Answer✓✓
$480.00. The non-refundable processing fee of $300 and the two year initial license fee of
$180. Current fees are printed on the application forms and notices.
Quiz____?
How often do I have to renew my license? -
Answer✓✓
every two years
Quiz____?
Will I receive notice before my active license expires? -
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, Answer✓✓
Yes. 60 days, but remember it is your responsibility to know and renew without being reminded.
Quiz____?
What is the active license renewal fee? -
Answer✓✓
$360. You are required to renew every two years.
Quiz____?
Is there a fee for renewing an active license -
Answer✓✓
$180.
Quiz____?
Inactive licenses must be renewed how often? -
Answer✓✓
Every four years
Quiz____?
What is the minimum operating capital that you must have to qualify to be a contractor? -
Page 4 of 47