Contractors business law Study guides, Class notes & Summaries

Maryland Home Improvement Test Define home improvement - correct answer The addition, alteration, conversion, improvement, modernization, remodeling, repair or replacement of a building or part of a building that is used or was designed to be used as a residence or dwelling place or structure adjacent to that building or an improvement to land adjacent to that building Is a building of a swimming pool, deck, pier or porch included in Home Improvement? - correct answer Yes Is work done on ...

What are 4 major loss exposures covered by CGL Form? LO1 1. Premises Liability (slip and fall due to water on the floor) 2. Operations Liability (Tree trimmer causes damage to power lines by removing fallen limbs) 3. Product Liability (ladder collapses when being used as intended) 4. Completed Operations A contractor installs a hot water heater and leaves the home, 2 days later, water overflows onto the floor causing damage because the hot water heater was improperly installed. ...

Texas Private Security Act CH. 1702.004(a) - General Provisions - Answer (a) The board, in addition to performing duties required by other law or exercising powers granted by other law: (1) licenses investigations companies and security services contractors; (2) issues commissions to certain security officers; (3) issues endorsements to certain security officers engaged in the personal protection of individuals; (4) registers and endorses: (A) certain individuals connected with a license ho...

CA Contractors license test questions Business and Law

CA Contractors license test questions Business and Law

CA Contractors License Test Questions Business and Law and Answers 100% CorrectCA Contractors License Test Questions Business and Law and Answers 100% CorrectCA Contractors License Test Questions Business and Law and Answers 100% Correct How much time does a contractor have to renew his license after the expiration date without retaking the exam? - ANSWER-5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - ANSWER-State boa...

CA Contractors license test questions Business and Law with correct answers

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - correct answer 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - correct answer State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? - correct ans...

CA Contractors license test questions Business and Law

Michigan Builders License - All questions for the 60 Course Questions with correct Answers A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime ...