5. You have days from the completion of a commercial structure or
commercial construction project to file a lien claim form.
Answer 90 16-2
6. A lump sum contract on a project has a total contact price of $260,000. Retainage has
been held back at 10%.The contractor has received progress payments for 75% of the
project. The contractor submit a request for final payment should be for?
Answer More than $80,000 $260,000 * .35= $91,000
7. Which of the following is not a key characteristic of a sole proprietor ship?
Answer Business expenses and personal income are not separated. 2-1
8. What is the quick ratio or or acid test ratio for a company that has current assets of
$28,000, inventory of $4000, and current liabilities of $6000?
Answer 4/1 14-7
9. An EAP is required to be in writing for employees or more.
2/
2 of 11 9/10/2024, 8:07
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