Virginia Hic Exam Questions With Correct Answers
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
knowl- edge, skills, and abilities of the applicant.
5. When a claimant is paid funds from the Contractors Recovery Trust Fund. ...ANS…
the contractor's license is revoked.
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, 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: $15,000.
9. A licensee's name change MUST be reported to the Board within a MAXIMUM of how
many days? ...ANS… 30 days.
10. According to the Board Rules and Regulations, which of the following could be a
qualified individual? ...ANS… Any full-time employee.
11. How much is the Class A initial license fee? ...ANS… $200
12. According to the Board Rules and Regulations, a full-time employee is one who
works a MINIMUM of how many hours per week? ...ANS… 30 hours.
13. Who is to be in charge of a local building department? ...ANS… Building oflcial.
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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
knowl- edge, skills, and abilities of the applicant.
5. When a claimant is paid funds from the Contractors Recovery Trust Fund. ...ANS…
the contractor's license is revoked.
1/5
, 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: $15,000.
9. A licensee's name change MUST be reported to the Board within a MAXIMUM of how
many days? ...ANS… 30 days.
10. According to the Board Rules and Regulations, which of the following could be a
qualified individual? ...ANS… Any full-time employee.
11. How much is the Class A initial license fee? ...ANS… $200
12. According to the Board Rules and Regulations, a full-time employee is one who
works a MINIMUM of how many hours per week? ...ANS… 30 hours.
13. Who is to be in charge of a local building department? ...ANS… Building oflcial.
2/5
