CONTRACTOR LICENSE EXAM WITH
VERIFIED QUESTIONS AND ANSWERS||
GUARANTEED PASS|| ALREADY GRADED A+||
LATEST VERSION 2025
When using subcontractors, be sure to clearly describe the level of quality
expected in their job specifications, this will help them _____ the job
accordingly. - ANSWER-bid
In a construction project, _________ time is the amount of time that a task in a
project network or path can be delayed without causing a delay to other,
subsequent tasks or to the overall completion date. - ANSWER-float
______________ is a form of managing tasks that is best for simple, less
complicated projects. It enables the contractor to link specific tasks to a date,
manage deliveries, payments and employment schedules in a very simple,
straightforward way. - ANSWER-Calendar scheduling
How many employees must an employer have before they are required to
purchase Workers Compensation Insurance? - ANSWER-1
What benefit is provided to an injured employee if needed? - ANSWER--Wage
replacement and payment for loss or
permanent damage to body parts
-Rehabilitation costs
,-Current and future medical costs
What is the penalty for not providing Workers Compensation Insurance to your
employee(s)? - ANSWER-Up to $5000 fine, imprisoned for one year, or both
What governmental department in Maryland administers the Laws for
Unemployment? - ANSWER-Department of Labor, Licensing and Regulation
A Performance Bond guarantees that the contractor will complete the project
according to the contract plans and terms. - ANSWER-true
The __________ requires that federal projects valued over $100,000 must
produce a performance bond to guarantee completion of the project under the
terms of the contract. - ANSWER-Miller Act
Liability Insurance on employees provides coverage over and above worker's
compensation insurance in case of injury or death of an employee. - ANSWER-
True
Prime contractors should verify that their subcontractors have secured their own
insurance for general liability and workers compensation. - ANSWER-true
Can a prime contractor be held liable for a subcontractor whose employee is
claiming workers compensation benefits if the subcontractor was uninsured? -
ANSWER-yes
A bond that insures that the activities on a construction project are the same as
the intended activities for which the permit was granted is called a
______________ .
Close - ANSWER-Permit Bond
, Which is NOT true about project scheduling? - ANSWER-Project schedules are
only required on major projects.
Adding __________time is a method of allotting more time in the project
schedule to account for unforeseen delays. - ANSWER-contingency
Project managers rely on information provided by ____________to effectively
schedule their projects: - ANSWER--subcontractors
-records of similar past projects
What are the steps involved in closing out each project? - ANSWER--Onsite
walk-through to develop a punch list
-Contractor/architect provide certificate
-Owner makes final payment
This chart graphs the starting and finishing times for individual tasks that make
up the project. - ANSWER--bar chart
-Gantt chart
Contingency time is providing extra time in the schedule for unforeseen delays.
- ANSWER-True
After how many days of conducting business with an employee is an employer
in violation of the law if they have not yet registered for Unemployment
Insurance? - ANSWER-20 days
Which of the following rates is for unemployment insurance that is the average
rate paid by all employers over the last five years? - ANSWER-New Account
Rate
VERIFIED QUESTIONS AND ANSWERS||
GUARANTEED PASS|| ALREADY GRADED A+||
LATEST VERSION 2025
When using subcontractors, be sure to clearly describe the level of quality
expected in their job specifications, this will help them _____ the job
accordingly. - ANSWER-bid
In a construction project, _________ time is the amount of time that a task in a
project network or path can be delayed without causing a delay to other,
subsequent tasks or to the overall completion date. - ANSWER-float
______________ is a form of managing tasks that is best for simple, less
complicated projects. It enables the contractor to link specific tasks to a date,
manage deliveries, payments and employment schedules in a very simple,
straightforward way. - ANSWER-Calendar scheduling
How many employees must an employer have before they are required to
purchase Workers Compensation Insurance? - ANSWER-1
What benefit is provided to an injured employee if needed? - ANSWER--Wage
replacement and payment for loss or
permanent damage to body parts
-Rehabilitation costs
,-Current and future medical costs
What is the penalty for not providing Workers Compensation Insurance to your
employee(s)? - ANSWER-Up to $5000 fine, imprisoned for one year, or both
What governmental department in Maryland administers the Laws for
Unemployment? - ANSWER-Department of Labor, Licensing and Regulation
A Performance Bond guarantees that the contractor will complete the project
according to the contract plans and terms. - ANSWER-true
The __________ requires that federal projects valued over $100,000 must
produce a performance bond to guarantee completion of the project under the
terms of the contract. - ANSWER-Miller Act
Liability Insurance on employees provides coverage over and above worker's
compensation insurance in case of injury or death of an employee. - ANSWER-
True
Prime contractors should verify that their subcontractors have secured their own
insurance for general liability and workers compensation. - ANSWER-true
Can a prime contractor be held liable for a subcontractor whose employee is
claiming workers compensation benefits if the subcontractor was uninsured? -
ANSWER-yes
A bond that insures that the activities on a construction project are the same as
the intended activities for which the permit was granted is called a
______________ .
Close - ANSWER-Permit Bond
, Which is NOT true about project scheduling? - ANSWER-Project schedules are
only required on major projects.
Adding __________time is a method of allotting more time in the project
schedule to account for unforeseen delays. - ANSWER-contingency
Project managers rely on information provided by ____________to effectively
schedule their projects: - ANSWER--subcontractors
-records of similar past projects
What are the steps involved in closing out each project? - ANSWER--Onsite
walk-through to develop a punch list
-Contractor/architect provide certificate
-Owner makes final payment
This chart graphs the starting and finishing times for individual tasks that make
up the project. - ANSWER--bar chart
-Gantt chart
Contingency time is providing extra time in the schedule for unforeseen delays.
- ANSWER-True
After how many days of conducting business with an employee is an employer
in violation of the law if they have not yet registered for Unemployment
Insurance? - ANSWER-20 days
Which of the following rates is for unemployment insurance that is the average
rate paid by all employers over the last five years? - ANSWER-New Account
Rate
