NASLCA Virginia Exam Practice | Answered Correctly | Latest Version 2024

What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - $500 fine per day for each day of violation plus penalties for a misdemeanor. All Class A contractor licensure applications MUST include - information on the knowledge, skills, and abilities of the applicant. What is the PRIMARY purpose of licensing? - Protect the health and welfare of the public. When a claimant is paid funds from the Contractors Recovery Trust Fund - the contractor's license is revoked. !!! The application for licensure MUST include - the business address of the proposed designated employee. Which of the following is a requirement for a joint venture? - Either the joint venture or each contracting party of the joint venture must be licensed. All of the following must be licensed EXCEPT - a material supplier who advises a contractor. How much is the Class A initial license fee? - $200