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C-37 Statutes & Rules Exam (SRE) questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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C-37 Statutes & Rules Exam (SRE) questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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C-37 Statutes & Rules Exam (SRE)
1 year - ANS-A military spouse who is relocating to Arizona may waive the trade exam if
they have had a license in a comparable classification for

- 1 year
- 2 years
- 4 years
- 5 years

1 year - ANS-A person who has been convicted of contracting without a license is
barred from being part of a license application for

- 1 year
- 6 months
- 2 years
- 5 years

1 year - ANS-If a license is not renewed on time, the licensee has up to __________
after the missed renewal date to renew (and pay a late renewal fee) before the license
will be expired.

- 1 year
- 2 years
- 4 years
- 5 years

1,000 - ANS-A contract must be in writing and include the nine minimum elements of a
contract if the dollar amount is more than __________

- 1,000
- 100
- 10,000
- 100,000

1,000 - ANS-A contractor license is required when the total cost, including materials, is
more than

- 1,000

,- 100
- 10,000
- 100,000

1,000 - ANS-If the Registrar determines a licensee bid on a job while their contract was
on inactive status, they may issue a civil penalty up to __________

- 1,000
- 500
- 250
- 750

1. Bid on or contract for any project that exceeds 1,000
2. Whenever a permit is required - ANS-When is a contractors license required in AZ?

1.5% - ANS-According to the Prompt Pay Act, late payments to subcontractors and
material suppliers are subject to a monthly interest rate of at least __________

- 1.5%
- 10%
- 15%
- 1%

10 days - ANS-A licensed contractor has just received a copy of a lien filed against an
owner. The owner intends to retain the amount owed to the lien from the next progress
payment from the owner to the contractor. The contractor has how many days to dispute
the lien?

- 10 days
- 20 days
- 60 days
120 days

10 years - ANS-A new qualifying party must have at least two years of experience
performing or supervising the type of work covered by a license classification within the
last

- 10 years
- 4 years
- 5 years

, - 3 years

10% annual interest - ANS-A contractor who owes money to the Residential
Contractors' Recovery Fund must repay the full amount of the claim that was awarded
as well as __________

- 10% annual interest
- 5% annual interest
- 20% annual interest
- 15% annual interest

14 days - ANS-According to the Prompt Pay Act, owners have the right to refuse to
cerfity and approve a bill or estimate within __________ of receiving the bill or estimate

- 14 days
- 7 days
- 21 days
- 30 days

15 days - ANS-A licensee who receives notice of a claim to be paid from the Residential
Contractors' Recovery Fund may request a hearing to contest the claim within
__________ of when it was mailed

- 15 days
- 30 days
- 7 days
- 21 days

15 days - ANS-If a licensee requests a settlement conference to appeal the Registrar's
decision to deny a license, the conference must take place within __________ of the
request

- 15 days
- 10 days
- 20 days
- 30 days

15 days - ANS-If Manny decides to quit his job with a construction company and he's
the qualifying party for their general residential contractor license, he needs to notify AZ
ROC within

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