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VIRGINIA CONTRACTOR'S EXAM WITH ALL ANSWERS| A+GRADES
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VIRGINIA CONTRACTOR'S EXAM WITH ALL ANSWERS| A+GRADES
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VIRGINIA CONTRACTOR'S EXAM WITH ALL ANSWERS| A+GRADESWhat is the MAXIMUM penalty for a contractor who undertakes work without the proper
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class of license? - correct answer-
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$500 fine per day for each day of violation plus penalties for a misdemeanor.
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What is the PRIMARY purpose of licensing? - correct answer-
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Protect the health and welfare of the public.
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The application for licensure MUST include - correct answer-
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the business address of the proposed designated employee.
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All of the following must be licensed EXCEPT - correct answer-
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a material supplier who advises a contractor.
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When a claimant is paid funds from the Contractors Recovery Trust Fund -
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correct answer-the contractor's license is revoked.
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All Class A contractor licensure applications MUST include - correct answer-
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information on the knowledge, skills, and abilities of the applicant.
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Which of the following is a requirement for a joint venture? - correct answer-
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Either the joint venture or each contracting party of the joint venture must be licensed
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How much is the Class A initial license fee not including the Recovery Fund fee? -
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correct answer-$360
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According to the Board Rules and Regulations, a full- V V V V V V V V
time employee is one who works a MINIMUM of how many hours per week? -
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correct answer-30 hours. V V
According to the Board Rules and Regulations, which of the following could be a qualifie
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d individual? - correct answer-Any full-time employee
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, A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth
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of - correct answer-$15,000
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A licensee's name change MUST be reported to the Board within a MAXIMUM of how m
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any days? - correct answer-30 days.
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Additions to buildings MUST comply with - correct answer- V V V V V V V V
the current code for new construction.
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When MUST the work be stopped following the issuance of a stop work order? -
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correct answer-Immediately
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Who is to be in charge of a local building department? - correct answer-Building official.
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An appeal of the local building official's decision to refuse to grant a modification to the U
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SBC MUST be made to the local building board within a MAXIMUM of how many days? -
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correct answer-90 days.
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A building official MUST issue a certificate of occupancy for a building that meets all the r
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equirements for a certificate within a MAXIMUM of how many working days after the cert V V V V V V V V V V V V V V
ificate was requested? - correct answer-5 V V V V V
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fun
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d balance is less than - correct answer-$400,000.
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Contractors who are assessed a fee to support the Transaction Recovery Fund MUST p V V V V V V V V V V V V V
ay this fee within a MINIMUM of how many days from when the assessment fee notice w
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as mailed? - correct answer-45 days.
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A verified claim for payment from the Transaction Recovery Fund MUST occur within a
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MAXIMUM of what period of time from the date the claimant was awarded a final judgme
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nt? - correct answer-12 months.
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Payments made by the Transaction Recovery Fund to claimants may include an amoun
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t for - correct answer-attorneys' fees.
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A contract for which of the following types of structures may be subject to recovery from t
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he Transaction Recovery Fund? - correct answer-Residential only
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An appeal of a final decision of a county on an erosion control plan MUST be filed within
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a MAXIMUM of how many days? - correct answer-30 days.
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Temporary erosion and sediment control measures MUST be removed within a MAXIM V V V V V V V V V V V
UM of how many days after the final site stabilization? - correct answer-30 days.
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Which of the following statements about a sole proprietorship is TRUE? -
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correct answer-The business, or any part of it, can be sold, altered, or exchanged at will.
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What type of business organization allows people to share financial resources? -
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correct answer-Partnership
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