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VA Contractors License Test with 100% Correct Answers
- Exam (elaborations) • 36 pages • 2025
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The maximum claim of a claimant against Fund based upon any unpaid judgment arising out of the improper of dishonest conduct involving one transaction shall not exceed? A) $15,000 B) $20,000 C) $40,000 D) $10,000 - $20,000 In the event that a regulant's license has been revoked due to dishonesty, the regulant shall not be eligible to apply for a license until (. ) has been submitted to the Fund - the full amount paid from the Board plus interest A license shall expire ( ) years fr...

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VA Contractor License Exam 2 with Correct answers
- Exam (elaborations) • 8 pages • 2025
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A company has $100,000 in current assets, $100,000 of long term assets, $50,000 of current liabilities, and $40,000 of term liabilities. The maximum bond of single products for this company would typically be limited to Working Capital = Current Asset - Current Liability - $500,000 Given the following information, what is the firms return on investment? Current assets $80,000 Fixed assets $112,000 Current Liabilities $30,000 Inventory $12,000 Long term liabilities $86,000 Net annu...

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