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Business, Law & Project Management (NASCLA) Exam QUESTIONS WITH VERIFIED ANSWERS
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Business, Law & Project Management (NASCLA) Exam QUESTIONS WITH VERIFIED ANSWERS
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Business, Law & Project Management (NASCLA) Exam QUESTIONS WITH VERIFIED ANSWERS. Be lfamiliar lwith lthe lelements lof la lbusiness lplan l- l(correct lanswer) l-1-1 lto l1-3. Know lthe ladvantages land ldisadvantages lof lthe ldifferent ltypes lof lbusiness lstructures l- l(correct lanswer) l-2-1 lto l2-7 A lLimited lPartners lLiability l(Partnership) lis llimited lto lthe lamount lthey linvested. lA lmajor ldisadvantage lof la lGeneral lPartnership lis l____________________________________ l- l(correct lanswer) l-unlimited lpersonal lliability lfor lall lgeneral lpartners A lcontractor 's llicense lis lrequired lfor lany lcontractor lundertaking la lconstruction lcontract lof lgreater lthan__________ l- l(correct lanswer) l-$30,000. lLicense lmust lbe ldisplayed lat lplace lof lbusiness. lChange lof laddress: l30 ldays lto lnotify lboard. Licenses lexpire lJanuary l1st Limited llicense: l$17,000 lworking lcapital Project llimitation: l$500,000 l- l(correct lanswer) l- North lCarolina lshares lreciprocity lwith lthe lfollowing lstates: l_______________________________ - l- l(correct lanswer) l-Georgia, lLuisiana, lMississippi, lSouth lCarolina, land lTennessee If lyou lare la lsole lproprietor, lpartnership lor lLLC, lyou lare lrequired lby llaw lto lcarry lworker's lcompensation lif lyou lhave lthis lmany lemployees: l_____________ l- l(correct lanswer) l-three lor lmore lemployees. lKnown las lKey lMan lInsurance Be lfamiliar lwith lthe ldifferent ltype lof lbonds l- l(correct lanswer) l-4-7 lto l4-8 The lMiller lAct lRequires lthat lall lFEDERAL lPROJECTS lexceeding l$100,000 lmust lbe lbonded l- l(correct lanswer) l-4-8 Become lfamiliar lwith lthe llist lof litems lthat lare lconsidered lbid ldocuments l- l(correct lanswer ) l-7-1 lto l7-2 The lmost laccurate lmethod lof lestimating lis lthe l_______________ lmethod l- l(correct lanswer) l-quantity ltake-off lmethodThe benefits of buying summaries with Stuvia:
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