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Exam (elaborations)

Florida Contractor Manual (Unit 2) Questions and Answers

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  • Course
  • Florida business and finance
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  • Florida Business And Finance

Florida Contractor Manual (Unit 2)

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  • September 23, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida business and finance
  • Florida business and finance
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julianah420
Florida Contractor Manual (Unit 2)

According to Chapter 489 Florida Statutes, the board may revoke, suspend, or deny the
issuance or renewal of the certificate or registration of a contractor or impose an
administrative fine not to exceed ___________, place the confractor on probation,
reprimand or censure. - answerA. $5,000
B. $6,000
C. $8,000
D. $10,000

A residential contractor may construct up to __________? - answerA. One-family
residences
B. Two-family residences
C. Three-family residences
D. Four-family residences

All but which of the following is a good way to avoid having an independent contractor
working for you reclassified as an employee by the IRS? - answerA. Send him a 1099 at
the end of the year
B. Base compensation on work performed - not time worked
C. "Hire additional workers to assist him" (Page 2-28)
D. Have a written agreement making it clear he is independent

A person other than the qualifying agent who, with the approval of the board, assumes
personal responsibility for all financial aspects of the business is known as a
_________? - answerA. Financial Qualifier
B. "Financially responsible officer." (Page 2-66).
C. Financially Responsible Agent
D. None of the above (the contractor is responsible for everything)

A contractor must notify a residential property owner of the Construction Industry
Recovery Fund, if his prime contract is over ___________? - answerA. $1,000
B. $1,500
C. $2,000
D. $2,500. (Page 2-90)

Allowing an unregistered person to use a certificate or registration of another may be
grounds for a total fine of _________ for the contractor and the business entity that
knew or should have known of the violation? - answerA. $3,000
B. $5,000
C. $10,000. (Page 2-83)
D. $15,000

, Registration allows a registrant to engage in contracting _________? - answerA. In all
counties in Florida
B. In all municipalities in Florida
C. "In counties and municipalities where he or she has complied with all local licensing
requirements." (Page 2-75)
D. None of the above

The Qualifying Agent for registration or certification will be made in the name of the
Qualifying Agent and the name of the business organization, such as a _________? -
answerA. Business Trust
B. Partnership
C. Corporation
D. "Any of the above." (Page 2-76)

A project is considered to have been abondoned after ________ days, if the contractor
terminates the project without notification to the prospective owner and without just
cause. - answerA. 30-days
B. 60-days
C. 90-days. (Page 2-83)
D. 120-days

A building contractor may not build a structure in excess of ___________? - answerA.
50,000 square feet
B. 100,00 square feet
C. Three stories in height. (Page 2-62)
D. Four-stories

Which of the following is not exempt from the Florida Licensure Law? - answerA.
Employees of licensed contractors.
B. Property owners acting as their own contractor.
C. Persons advertising and performing casual construction work for less than $2,500
are not exempt from the Florida Licensure Law. (Page 2-18)
D. Court appointed officers.

As defined by Chapter 489, a contractor is one who is ___________? - answerA.
Responsible for the entire project. (Page 2-62).
B. Responsible for the entire project, with the exception of plumbing
C. Responsible for the entire project, eith the exception of site work
D. Responsible to the owner, under his instruction

College education can qualify a certified license applicant for no more then __________
years of experience? - answerA. 1-year
B. 2-years
C. 3 years. (Page 2-68)
D. 4-years

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