Utah contractor Study guides, Class notes & Summaries

How many employees must an employer have before he must apply for workers compensation insurance? a. 0 b. 1 or more c. 2 or more d. 3 or more - Answer-b. 1 or more The most important aspect to consider when bidding is: a. Profit b. Materials c. Labor d. Overhead - Answer-a. Profit The maximum penalty for a contractor who license has been revoked, suspended or has lapsed is: a. 3 years probation b. 1 year in jail c. $500 fines and cease-and-desist order. d. 3 years in prison - Answ...

Utah Contractor Exam with correct answers

Utah Contractor Exam (Real) with Solutions Depreciation is taken on which of the company's assets? a. Loans b. Current assets c. Fixed assets d. None of the above - Answer -C ... Explanation: Depreciation is counted from fixed assets. A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status verification system such as E -Verify to verify the federal legal working status of any new employee. ...

Which business organization is regulated the least by the government? CORRECT ANSWER Sole Proprietorship In a general partnership, each partner is liable for the debt of the company up to the percentage of the company they own. CORRECT ANSWER false What business organization provides the most financial protection for the owners? CORRECT ANSWER Corporation Sole Proprietorships can issue and sell stock in the company to raise capital. CORRECT ANSWER false Can a corporation actually be ...

Depreciation is taken on which of the company's assets? a. Loans b. Current assets c. Fixed assets d. None of the above - collect answer-C ... Explanation: Depreciation is counted from fixed assets. A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status verification system such as E -Verify to verify the federal legal working status of any new employee. a. 5 b. 10 c. 15 d. 1 - collect a...

UTAH CONTRACTOR EXAM (REAL) WITH COMPLETE SOLUTIONS 100% 2023/2024 UTAH CONTRACTOR EXAM (REAL) WITH COMPLETE SOLUTIONS 100% 2023/2024

Which business organization is regulated the least by the government? - collect answer-Sole Proprietorship In a general partnership, each partner is liable for the debt of the company up to the percentage of the company they own. - collect answer-false What business organization provides the most financial protection for the owners? - collect answer-Corporation Sole Proprietorships can issue and sell stock in the company to raise capital. - collect answer-false Can a corporation actu...

This is the Practice test to help prepare for the test

Utah Contractor Exam (Real) with Solutions Depreciation is taken on which of the company's assets? a. Loans b. Current assets c. Fixed assets d. None of the above - Answer -C ... Explanation: Depreciation is counted from fixed assets. A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status verification system such as E -Verify to verify the federal legal working status of any new employee. ...

UTAH B100 GENERAL CONTRACTORS COURSE STUDY PREP - TRADE TEST WITH COMPLETE SOLUTIONS 100% 2023/2024 UTAH B100 GENERAL CONTRACTORS COURSE STUDY PREP - TRADE TEST WITH COMPLETE SOLUTIONS 100% 2023/2024