with correct Answers
What is the MAXIMUM penalty for a contractor who undertakes work without the proper
class of license? - ANSWER- $500 fine.
Which of the following is a requirement for a joint venture? - ANSWER- Either the joint
venture or each contracting party of the joint venture must be licensed.
The application for licensure MUST include - ANSWER- the business address of the
proposed designated employee.
All Class A contractor licensure applications MUST include - ANSWER- information on
the knowledge, skills, and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ANSWER-
the contractor's license is revoked.
All of the following must be licensed EXCEPT - ANSWER- a material supplier who
advises a contractor.
What is the PRIMARY purpose of licensing? - ANSWER- Protect the health and welfare
of the public.
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of - ANSWER- $15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how
many days? - ANSWER- 30 days.
According to the Board Rules and Regulations, which of the following could be a
qualified individual? - ANSWER- Any full-time employee.
How much is the Class A initial license fee? - ANSWER- $200
According to the Board Rules and Regulations, a full-time employee is one who works a
MINIMUM of how many hours per week? - ANSWER- 30 hours.
Who is to be in charge of a local building department? - ANSWER- Building official.