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Naslca Virginia Exam Practice Best Graded Questions and Answers
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All Class A contractor licensure applications MUST include - ANSWER-information on the knowledge, skills, and abilities of the applicant. What is the PRIMARY purpose of licensing? - ANSWER-Protect the health and welfare of the public. When a claimant is paid funds from the Contractors Recover...

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  • April 4, 2024
  • 13
  • 2023/2024
  • Exam (elaborations)
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  • naslca virginia exam practice best graded questio
  • naslca virginia exam practice best stuvia
  • what is the maximum penalty for a contractor who u

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Naslca Virginia Exam Practice Best
Graded Questions and Answers
What is the MAXIMUM penalty for a contractor who undertakes work without the
proper class of license? - ANSWER-$500 fine per day for each day of violation plus
penalties for a misdemeanor.

All Class A contractor licensure applications MUST include - ANSWER-information
on the knowledge, skills, and abilities of the applicant.

What is the PRIMARY purpose of licensing? - ANSWER-Protect the health and
welfare of the public.

When a claimant is paid funds from the Contractors Recovery Trust Fund -
ANSWER-the contractor's license is revoked. !!!

The application for licensure MUST include - ANSWER-the business address of the
proposed designated employee.

Which of the following is a requirement for a joint venture? - ANSWER-Either the
joint venture or each contracting party of the joint venture must be licensed.

All of the following must be licensed EXCEPT - ANSWER-a material supplier who
advises a contractor.

How much is the Class A initial license fee? - ANSWER-$200

A licensee's name change MUST be reported to the Board within a MAXIMUM of
how many days? - ANSWER-30 days

According to the Board Rules and Regulations, a full-time employee is one who
works a MINIMUM of how many hours per week? - ANSWER-30 hours.

A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net
worth of - ANSWER-$15,000.

According to the Board Rules and Regulations, which of the following could be a
qualified individual? - ANSWER-Any full-time employee.

An appeal of the local building official's decision to refuse to grant a modification to
the USBC MUST be made to the local building board within a MAXIMUM of how
many days? - ANSWER-90 days.

A building official MUST issue a certificate of occupancy for a building that meets all
the requirements for a certificate within a MAXIMUM of how many working days after
the certificate was requested? - ANSWER-5

, Additions to buildings MUST comply with - ANSWER-the current code for new
construction.

When MUST the work be stopped following the issuance of a stop work order? -
ANSWER-Immediately

Who is to be in charge of a local building department? - ANSWER-Building official.

Contractors who are assessed a fee to support the Transaction Recovery Fund
MUST pay this fee within a MINIMUM of how many days from when the assessment
fee notice was mailed? - ANSWER-45 days

Contractors will be assessed a fee for the Transaction Recovery Fund whenever the
fund balance is less than - ANSWER-$400,000.

Payments made by the Transaction Recovery Fund to claimants may include an
amount for - ANSWER-attorneys' fees.

A contract for which of the following types of structures may be subject to recovery
from the Transaction Recovery Fund? - ANSWER-Residential only.

A verified claim for payment from the Transaction Recovery Fund MUST occur within
a MAXIMUM of what period of time from the date the claimant was awarded a final
judgment? - ANSWER-12 months.

An appeal of a final decision of a county on an erosion control plan MUST be filed
within a MAXIMUM of how many days? - ANSWER-30 days.

Temporary erosion and sediment control measures MUST be removed within a
MAXIMUM of how many days after the final site stabilization? - ANSWER-30 days.

Which of the following statements about a sole proprietorship is TRUE? - ANSWER-
The business, or any part of it, can be sold, altered, or exchanged at will.

What type of business organization allows people to share financial resources? -
ANSWER-Partnership.

Which of the following estimating methods is typically used by the architect rather
than the contractor? - ANSWER-Conceptual estimate.

Equipment needs for a project are BEST estimated by - ANSWER-calculating the
number of hours or days it is needed.

What should be added to wage rates to ensure accuracy in estimating labor for a
project? - ANSWER-Labor burden.

A reason for using a lower than usual profit markup for a specific project could be to -
ANSWER-cover company overhead costs.

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