Florida Electrical Business Actual Exam
Study Guide with 100% Correct Answers
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1. Subcontractor Termination - ANSWER Materials remain until
subcontractor's work is complete
2. Excluded General Conditions - ANSWER Substitutions are not part of
general conditions
3. Drug-Free Workplace Act - ANSWER Applies to contracts over $25,000,
not always requiring testing
4. Florida DOT Legal Action Timeframe - ANSWER Must be brought within
720 days of work acceptance
5. When hoisting personnel, a safety factor of _______ should be used for
rigging operations.
a. 5
b. 10
c. 4
d. 12 - ANSWER c. 4
6. The number of employees that will require a contractor to obtain workmen's
compensation insurance is __________ or more full or part time
employee(s).
a. One
, b. Two
c. Four
d. Ten - ANSWER a. one
7. The __________ usually prepares the project schedule.
a. Architect
b. Owner
c. Project Manager
d. Engineer - ANSWER c. Project manager
8. The type of insurance that covers the contractor for losses of material in
transit or at temporary storage facilities is known as __________ insurance.
a. Liability
b. Builder's Risk
c. Auto liability
d. Fidelity bond - ANSWER b. Builder's Risk
9. If at all possible, sling angles should be kept greater than __________
degrees.
a. 25
b. 45
c. 60
d. 90 - ANSWER b. 45
10.__________ days is the maximum time after commencing construction for
the contractor to give notice to the owner of his lien rights.
a. 30
b. 45
c. 60
d. 90 - ANSWER b. 45
, 11.Notice of Commencement Extension - ANSWER Written into the notice or
job duration exceeds a year
12.Long Lead Items - ANSWER Needed items identified and ordered early for
project
13.Fair Labor Standards Act - ANSWER Limits contractor's liability for
overtime pay
14.Leasing Equipment Advantage - ANSWER Reduces front-end cash outlays
for contractors
15.Sling Inspection Frequency - ANSWER Chains used as slings inspected
once a month
16.Joint Venture Bidding - ANSWER Requires written agreement and
approval for bidding
17.Completed Operations Liability - ANSWER Covers damages from finished
work
18.Surety Bonding Principle - ANSWER Uses indemnity to spread losses
among policy holders
19.License/Certification Requirement - ANSWER Includes number on
business proposals
20.Cost-Plus Contract - ANSWER Negotiated and open-ended contract type
Study Guide with 100% Correct Answers
Already Graded A+ | Latest Edition
1. Subcontractor Termination - ANSWER Materials remain until
subcontractor's work is complete
2. Excluded General Conditions - ANSWER Substitutions are not part of
general conditions
3. Drug-Free Workplace Act - ANSWER Applies to contracts over $25,000,
not always requiring testing
4. Florida DOT Legal Action Timeframe - ANSWER Must be brought within
720 days of work acceptance
5. When hoisting personnel, a safety factor of _______ should be used for
rigging operations.
a. 5
b. 10
c. 4
d. 12 - ANSWER c. 4
6. The number of employees that will require a contractor to obtain workmen's
compensation insurance is __________ or more full or part time
employee(s).
a. One
, b. Two
c. Four
d. Ten - ANSWER a. one
7. The __________ usually prepares the project schedule.
a. Architect
b. Owner
c. Project Manager
d. Engineer - ANSWER c. Project manager
8. The type of insurance that covers the contractor for losses of material in
transit or at temporary storage facilities is known as __________ insurance.
a. Liability
b. Builder's Risk
c. Auto liability
d. Fidelity bond - ANSWER b. Builder's Risk
9. If at all possible, sling angles should be kept greater than __________
degrees.
a. 25
b. 45
c. 60
d. 90 - ANSWER b. 45
10.__________ days is the maximum time after commencing construction for
the contractor to give notice to the owner of his lien rights.
a. 30
b. 45
c. 60
d. 90 - ANSWER b. 45
, 11.Notice of Commencement Extension - ANSWER Written into the notice or
job duration exceeds a year
12.Long Lead Items - ANSWER Needed items identified and ordered early for
project
13.Fair Labor Standards Act - ANSWER Limits contractor's liability for
overtime pay
14.Leasing Equipment Advantage - ANSWER Reduces front-end cash outlays
for contractors
15.Sling Inspection Frequency - ANSWER Chains used as slings inspected
once a month
16.Joint Venture Bidding - ANSWER Requires written agreement and
approval for bidding
17.Completed Operations Liability - ANSWER Covers damages from finished
work
18.Surety Bonding Principle - ANSWER Uses indemnity to spread losses
among policy holders
19.License/Certification Requirement - ANSWER Includes number on
business proposals
20.Cost-Plus Contract - ANSWER Negotiated and open-ended contract type
