Utah General Contractor's Course - Business and Law Exam Prep Questions and Answers (100% Pass)
7 views 0 purchase
Course
Contractors License
Institution
Contractors License
Utah General Contractor's Course - Business and Law
Exam Prep Questions and Answers (100% Pass)
Which business organization is regulated the least by the government? -
Answer️️ -Sole Proprietorship
In a general partnership, each partner is liable for the debt of the company up to the
perce...
Can an independent contractor be a qualifier for a business entity? - Answer✔️✔️-no
The division must be notified within _______ days, in writing, that a qualifying
officer has ceased association with a company. - Answer✔️✔️-10
If a qualifying person leaves a company, the license will remain active for ______ .
- Answer✔️✔️-60 days
A home owner who builds three residential structures in a five year period is still
exempt from licensing requirements. - Answer✔️✔️-True
A person engaged in the renovation of a commercial building, who works without
compensation, is exempt from licensure requirements. - Answer✔️✔️-False
If the total value of a project is greater than $_______, the builder shall file with
the division a one-time affirmation. - Answer✔️✔️-$1,000
Does a contractor working on a project valued at $2,500, who has filed a one-time
affirmation with the division, have to show proof of public liability insurance? -
Answer✔️✔️-Yes
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
