VIRGINIA CONTRACTOR PRACTICE TEST QUESTIONS AND ANSWERS GRADED A+ 100% VERIFIED.

VIRGINIA CONTRACTOR PRACTICE TEST QUESTIONS AND ANSWERS
GRADED A+ 100% VERIFIED.




1. What is the MAXIMUM penalty for a contractor who undertakes work without
the proper class of license? ANS >> $500 fine.

2. Which of the following is a requirement for a joint venture? ANS >> Either
the joint venture or each contracting party of the joint venture must be licensed.

3. The application for licensure MUST include ANS >> the business address
of the proposed designated employee.

4. All Class A contractor licensure applications MUST include ANS >>
information on the knowledge, skills, and abilities of the applicant.

5. When a claimant is paid funds from the Contractors Recovery Trust Fund AN
>> -

the contractor's license is revoked.

6. All of the following must be licensed EXCEPT ANS >> a material supplier who
advises a contractor.

7. What is the PRIMARY purpose of licensing? ANS >> Protect the health and
welfare of the public.

8. A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM
net worth of ANS >> $15,000.

9. A licensee's name change MUST be reported to the Board within a MAXI-
MUM of how many days? ANS >> 30 days.
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