100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Contractor License Exam Study Set-214 Questions with Complete Solutions| Verified Answers| 2024- 25 $12.99
Add to cart

Exam (elaborations)

Contractor License Exam Study Set-214 Questions with Complete Solutions| Verified Answers| 2024- 25

 0 purchase
  • Course
  • General Contractor License
  • Institution
  • General Contractor License

Contractor License Exam Study Set-214 Questions with Complete Solutions| Verified Answers| 2024- 25

Preview 3 out of 24  pages

  • November 22, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • General Contractor License
  • General Contractor License
avatar-seller
Examsplug
Contractor License Exam Study Set-214 Questions
with Complete Solutions| Verified Answers| 2024-
25
What is the maximum amount of money the Commission will award to any one claimant from
the Guaranty Fund? - ✔✔$20,000.00


What is the maximum amount of money the Commission will pay out of the fund concerning
the affairs of any one contractor? - ✔✔$100,000.00


Can a person bring a claim against the Guaranty Fund in a contract he has with the employer of
his son? - ✔✔No



How long does a claimant have to bring a claim against the Guaranty Fund? - ✔✔3 years
from discovery of the loss or damage


How many days does a contractor have to respond in writing to the copy of a claim that was
sent by the Commission? - ✔✔10 days


If within ____________ after the Commission gives notice, a contractor on whose account a
claim was paid does not reimburse the fund in full, the Commission may sue the contractor for
reimbursement. - ✔✔60 days


In addition to full reimbursement of the fund, a contractor is responsible to pay at least
___________ interest on the amount to reimburse. - ✔✔10 percent


The state can record a lien against any real property owned by the contractor for a debt owed
to the fund. - ✔✔True

,If the Commission pays a claim from the Fund based on the actions or omissions of a
contractor, the Commission may suspend the contractor's license until full reimbursement of
the Fund plus at least 10% interest. - ✔✔True


A home improvement contract in compliance with the home improvement laws would include
all of the following except: - ✔✔Names and license numbers of subcontractors


A salesperson may not represent 2 contractors at the same time for the same project. -
✔✔True



Can a salesperson legally accept money for themselves from the customer? - ✔✔No


It is against the law for building and permits departments to issue a permit to a contractor
without the contractor's license number. - ✔✔True


If a contractor fails to correct a violation of the building code within a reasonable time period,
the county or municipality inspecting the project shall notify the Commission. - ✔✔True



What is the maximum fine for contracting without a license - second offense? - ✔✔$5,000
and/or 2 years in jail or both


Contractor, Jack Smith, is not getting along with Hector Jones, his customer. If he decides not to
complete the contract, has Jack broken any law? - ✔✔Yes


Can a contractor decide to use a material other than specified in the contract documents
without getting permission from the owner? - ✔✔No



Contractors may not: - ✔✔-misrepresent their service or product
-make false promises

, -lie on their license application


Contractor, Jack Brown, makes a deal with customer, Ameal Cougar, to provide an estimate of
$40,000 on a project where the actual costs are $30,000, allowing Ameal to pocket $10,000
after securing a mortgage at $40,000 and paying off Jack. This is: - ✔✔-fraud
-an illegal act
-a misdemeanor


If a contractor's salesperson stops selling or working with the contractor for any reason, the
contractor has a responsibility to the State to inform the Commission. - ✔✔True


All advertising has to provide the identifier "Maryland Home Improvement Commission License
No ______________" or "MHIC#__________". - ✔✔True


What is the maximum penalty the Commission may impose upon a contractor, licensed or
unlicensed, per violation of these laws: - ✔✔$5,000


Advertising must be done in a way as to avoid misrepresenting the product, service or terms of
sale so as not to deceive the customer. - ✔✔True


An applicant must provide to the Commission, a credit report with their application. -
✔✔True


How many days does a contractor have to respond to a receipt of a claim from the commission?

Close - ✔✔10 days
Close


If a contract was agreed to and signed by both parties for the purchase of replacement
windows at a trade show, would this sale be subject to the laws of the Door-to-Door Sales Act?
- ✔✔Yes

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Examsplug. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.99
  • (0)
Add to cart
Added