Virginia Contractor Practice Test exam
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with verified answers
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What |is |the |MAXIMUM |penalty |for |a |contractor |who |undertakes |work |without |the |proper |
class |of |license? |- |correct |answer |$500 |fine.
Which |of |the |following |is |a |requirement |for |a |joint |venture? |- |correct |answer |Either |the |joint |
venture |or |each |contracting |party |of |the |joint |venture |must |be |licensed.
The |application |for |licensure |MUST |include |- |correct |answer |the |business |address |of |the |
proposed |designated |employee.
All |Class |A |contractor |licensure |applications |MUST |include |- |correct |answer |information |on |the
|knowledge, |skills, |and |abilities |of |the |applicant.
When |a |claimant |is |paid |funds |from |the |Contractors |Recovery |Trust |Fund |- |correct |answer |the |
contractor's |license |is |revoked.
All |of |the |following |must |be |licensed |EXCEPT |- |correct |answer |a |material |supplier |who |advises |
a |contractor.
What |is |the |PRIMARY |purpose |of |licensing? |- |correct |answer |Protect |the |health |and |welfare |of
|the |public.
A |firm |desiring |to |be |licensed |as |a |Class |B |contractor |MUST |have |a |MINIMUM |net |worth |of |- |
correct |answer |$15,000.
A |licensee's |name |change |MUST |be |reported |to |the |Board |within |a |MAXIMUM |of |how |many |
days? |- |correct |answer |30 |days.
| | | | |
with verified answers
| |
What |is |the |MAXIMUM |penalty |for |a |contractor |who |undertakes |work |without |the |proper |
class |of |license? |- |correct |answer |$500 |fine.
Which |of |the |following |is |a |requirement |for |a |joint |venture? |- |correct |answer |Either |the |joint |
venture |or |each |contracting |party |of |the |joint |venture |must |be |licensed.
The |application |for |licensure |MUST |include |- |correct |answer |the |business |address |of |the |
proposed |designated |employee.
All |Class |A |contractor |licensure |applications |MUST |include |- |correct |answer |information |on |the
|knowledge, |skills, |and |abilities |of |the |applicant.
When |a |claimant |is |paid |funds |from |the |Contractors |Recovery |Trust |Fund |- |correct |answer |the |
contractor's |license |is |revoked.
All |of |the |following |must |be |licensed |EXCEPT |- |correct |answer |a |material |supplier |who |advises |
a |contractor.
What |is |the |PRIMARY |purpose |of |licensing? |- |correct |answer |Protect |the |health |and |welfare |of
|the |public.
A |firm |desiring |to |be |licensed |as |a |Class |B |contractor |MUST |have |a |MINIMUM |net |worth |of |- |
correct |answer |$15,000.
A |licensee's |name |change |MUST |be |reported |to |the |Board |within |a |MAXIMUM |of |how |many |
days? |- |correct |answer |30 |days.
