Virginia Contractor Practice Test
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - correct answer <<<<<<<<<<<$500 fine.
Which of the following is a requirement for a joint venture? - correct answer <<<<<<<<<<<Either the
joint venture or each contracting party of the joint venture must be licensed.
The application for licensure MUST include - correct answer <<<<<<<<<<<the business address of the
proposed designated employee.
All Class A contractor licensure applications MUST include - correct answer <<<<<<<<<<<information on
the knowledge, skills, and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - correct answer
<<<<<<<<<<<the contractor's license is revoked.
All of the following must be licensed EXCEPT - correct answer <<<<<<<<<<<a material supplier who
advises a contractor.
What is the PRIMARY purpose of licensing? - correct 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 - correct
answer <<<<<<<<<<<$15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
correct answer <<<<<<<<<<<30 days.
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - correct answer <<<<<<<<<<<$500 fine.
Which of the following is a requirement for a joint venture? - correct answer <<<<<<<<<<<Either the
joint venture or each contracting party of the joint venture must be licensed.
The application for licensure MUST include - correct answer <<<<<<<<<<<the business address of the
proposed designated employee.
All Class A contractor licensure applications MUST include - correct answer <<<<<<<<<<<information on
the knowledge, skills, and abilities of the applicant.
When a claimant is paid funds from the Contractors Recovery Trust Fund - correct answer
<<<<<<<<<<<the contractor's license is revoked.
All of the following must be licensed EXCEPT - correct answer <<<<<<<<<<<a material supplier who
advises a contractor.
What is the PRIMARY purpose of licensing? - correct 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 - correct
answer <<<<<<<<<<<$15,000.
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
correct answer <<<<<<<<<<<30 days.
