100 Practice Questions for the Florida Contractors Manual Questions with Correct Answers 2025/2026

100 Practice Questions for the Florida
Contractors Manual Questions with
Correct Answers 2025/2026
ABproperlyBregisteredBfictitiousBnameBisBvalidBforB________________



A.B1Byear

B.B2Byears

C.B3Byears

D.B5ByearsB-BCORRECTBANSWERB-D.B5Byears

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WhichBofBtheBfollowingBwouldBhaveBjurisdictionBoverBdredgingBorBexcavationBofBnavigableBwatersB
andBwetlands?



A.BU.S.BDept.BofBtheBInteriorB

B.BFloridaBDept.BofBState

C.BFloridaBDept.ofBTransportation

D.BU.SBArmyBCorpsBofBEngineersB-BCORRECTBANSWERB-D.BU.SBArmyBCorpsBofBEngineers

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TheBnameBofBtheBformBwhichBisBusedBtoBapplyBforBsalesBtaxBis?



A.BW2

B.BDR-1B

C.BS1

,D.BW4B-BCORRECTBANSWERB-B.BDR-1

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WhichBofBtheBfollowingBisBNOTBtrueBaboutBaBfictitiousBnameBregistration?



A.BValidBforB5Byears.

B.BTheBfictitiousBnameBmustBbeBadvertisedBatBleastBoneBtime.

C.BIfBaBchangeBofBownershipBoccurs,BtheBowner(s)BofBrecordBmustBfileBaBcancellationBandBregistrati
onBwithinB45BdaysBofBfiling,

D.BFictitiousBnameBregistrationBmustBbeBrenewedBbetweenBJulyB1BandBDecemberB31BinBtheBexpirat
ionByear.B-BCORRECTBANSWERB-
C.BIfBaBchangeBofBownershipBoccurs,BtheBowner(s)BofBrecordBmustBfileBaBcancellationBandBregistrati
onBwithinB45BdaysBofBfiling,

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ThreeBpartners,BNoah,BEvanB&BStevenBformBaBpartnership.BNoahBinvestsB$30,000;BStevenBinvestsB$
20,000BandBEvanBinvestsB$15,000.BInBaddition,BNoahBperformsBspecificBmanagementBfunctionsBfor
BwhichBheBisBpaidB$5,000BfromBtheBpartnershipBproceeds.BIfBtheBpartnershipBearnsB$244,000,BhowB


muchBwillBNoahBreceive?B



A.BLessBthanB$70,000

B.BBetweenB$70,000B-$90,000

C.BBetweenB$90,000-$110,000

D.BMoreBthanB$110,000B-BCORRECTBANSWERB-D.BMoreBthanB$110,000

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IfBtheBaboveBpartnershipBwereBdissolved,BshowingBaBnetBlossBofB$60,000,BhowBmuchBwouldBNoahB
owe?

,A.B$60,000B

B.B$4,666

C.B$20,000

D.B$0.00B-BCORRECTBANSWERB-A.B$60,000B

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AccordingBtoBtheBContractor'sBManual,BstartingBcapitalBshouldBbeBenoughBtoBcoverBlivingBexpense
sBforBbetweenBwhichBofBtheBfollowing?



A.B3BmonthsBtoBaByearB

B.B6BmonthsBtoBaByear

C.B9BmonthsBtoBaByear

D.BatBleastBaByearB-BCORRECTBANSWERB-A.B3BmonthsBtoBaByear

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ABPartnershipBwillBbeBdissolvedBifBwhichBofBtheBfollowingBapplies?



A.BUnlawfuIBActivity

B.BFailingBtoBhaveBaBprimaryBqualifyingBagent

C.BABcourtBdecreeBunderBtheBpartnershipBact

D.BABandBCB1-29B-BCORRECTBANSWERB-D.BABandBCB1-29

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WhichBofBtheBfollowingBisBNOTBcharacteristicBaboutBaBGeneralBandBLimitedBPartnership?

, A.BTheBlimitedBpartnershipBhasBtwoBtypesBofBpartners;BaBpartnershipBonlyBone.B

B.BTheBgeneralBpartnersBofBaBlimitedBpartnershipBhaveBlimitedBpersonalBliability;BtheBpartnersBofBaB
partnershipBdoBnot.B

C.BInBaBlimitedBpartnershipBtheBlimitedBpartnersBhaveBnoBmanagementBresponsibility.

D.BTheBgeneralBpartnerBhasBjointBandBseveralBliability;BtheBlimitedBpartnerBdoesBnotB-
BCORRECTBANSWERB-


C.BInBaBlimitedBpartnershipBtheBlimitedBpartnersBhaveBnoBmanagementBresponsibility.

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WhichBofBtheBfollowingBisBNOTBtrueBaboutBaBsoleBproprietor,Ba/k/aBDBA,BoperatingBaBbusinessBinBhi
sBownBname?



A.BABbusinessBfictitiousBnameBfilingBisBnecessary.

B.BABbusinessBTaxBIdentificationBNumberBfilingBisBnecessary.

C.BNeitherBABnorBBB

D.BBothBABandBBB-BCORRECTBANSWERB-D.BBothBABandBB

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WhichBofBtheBfollowingBisBanBadvantageBofBowningBaBcorporation?



A.BContinuityBofBexistence.B

B.BLackBofBcentralizedBcontrol.

C.BsharingBofBideasBandBmanagementBresponsibility.

D.BEasierBtoBcreate.B-BCORRECTBANSWERB-A.BContinuityBofBexistence.B

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