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100 Practice Questions for the Florida Contractors Manual exam with correct answers

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100 Practice Questions for the Florida Contractors Manual exam with correct answers

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100 Practice Questions for the ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




Florida Contractors Manual exam ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




with correct answers ||\\||\\ ||\\||\\




Failure of a licensee to renew before a license expires shall
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




cause the license to become _________.||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




a. delinquent
||\\||\\




b. inactive ||\\||\\




c. void
||\\||\\




d. inactive until payment of a late fee and completion an
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




additional 4 hours of continuing education ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




a. delinquent
||\\||\\




455.271(5)
A properly registered fictitious name is valid for
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




________________

A. 1 year ||\\||\\ ||\\||\\




B. 2 years ||\\||\\ ||\\||\\




C. 3 years ||\\||\\ ||\\||\\




D. 5 years ||\\||\\ ||\\||\\

,D. 5 years
||\\||\\ ||\\||\\




1-15
Which of the following would have jurisdiction over dredging or
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




excavation of navigable waters and wetlands? ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




A. U.S. Dept. of the Interior
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




B. Florida Dept. of State
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




C. Florida Dept.of Transportation
||\\||\\ ||\\||\\ ||\\||\\




D. U.S Army Corps of Engineers
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




D. U.S Army Corps of Engineers
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




1-16
The name of the form which is used to apply for sales tax is?
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




A. W2
||\\||\\




B. DR-15-CS
||\\||\\




C. S1
||\\||\\




D. W4
||\\||\\




B. DR-15-CS
||\\||\\




1-27
Which of the following is NOT true about a fictitious name
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




registration?

A. Valid for 5 years.
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




B. The fictitious name must be advertised at least one time.
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\

,C. If a change of ownership occurs, the owner(s) of record must
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




file a cancellation and registration within 45 days of filing,
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




D. Fictitious name registration must be renewed between July 1
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




and December 31 in the expiration year.
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




C. If a change of ownership occurs, the owner(s) of record must
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




file a cancellation and registration within 45 days of filing,
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




1-14
Three partners, Noah, Evan & Steven form a partnership. Noah ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




invests $30,000; Steven invests $20,000 and Evan invests ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




$15,000. In addition, Noah performs specific management ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




functions for which he is paid $5,000 from the partnership ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




proceeds. If the partnership earns $244,000, how much will ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




Noah receive? ||\\||\\




A. Less than $70,000
||\\||\\ ||\\||\\ ||\\||\\




B. Between $70,000 -$90,000
||\\||\\ ||\\||\\ ||\\||\\




C. Between $90,000-$110,000
||\\||\\ ||\\||\\




D. More than $110,000
||\\||\\ ||\\||\\ ||\\||\\




D. More than $110,000
||\\||\\ ||\\||\\ ||\\||\\




1-12
If the above partnership were dissolved, showing a net loss of
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




$60,000, how much would Noah owe? ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




A. $60,000 ||\\||\\

, B. $4,666 ||\\||\\




C. $20,000 ||\\||\\




D. $0.00 ||\\||\\




A. $60,000 ||\\||\\




1-13
According to the Contractor's Manual, starting capital should be ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




enough to cover living expenses for between which of the
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




following?

A. 3 months to a year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




B. 6 months to a year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




C. 9 months to a year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




D. at least a year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




A. 3 months to a year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




1-17
A Partnership will be dissolved if which of the following applies?
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




A. UnlawfuI Activity
||\\||\\ ||\\||\\




B. Failing to have a primary qualifying agent
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




C. A court decree under the partnership act
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




D. A and C 1-22
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




D. A and C 1-22
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\




1-22

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