California contractors Study guides, Class notes & Summaries

Licensing Requirements - California Contractors (Law and Business) Exam Questions and Answers Which of the following will potentially require a business license? A. The Internal Revenue Service B. The Contractors State License Board C. The Department of Industrial Relations D. Any city or county where the contractor is working - Answer-D. Any city or county where the contractor is working Which of the following is not a form of advertising? A. Business cards B. Radio ads C. Lunch meet...

colibri real estate practice questions and answers 100% correct Which of the following would be an example of a licensee specializing in business type? - Answer- Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - Answer- A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Answer- Salespersons must perform all of their activities on behalf of their employing broker. Which of the fol...

Contract Requirements and Execution - California Contractors (Law and Business)

Who does not need a contractors License? - correct answer someone who does certain construction on commercial agricultural property The contractor surety Bond necessary for most contractors to obtain their license is in the amount of - correct answer $15,000 When licensed as a Sole Proprietor the license belongs to - correct answer the Company Which is true of an inactive license? - correct answer Must be renewed every 4 Years How many classifications can an RME apply for? - ...

The address of the contractors State license Board is required to appear on all contracts. - Answer TRUE Business licenses are required by state and they can be acquired at any state office. - Answer FALSE Rights of lien can be waived in certain cases if supplier or sub signs such a waiver. - Answer FALSE The purpose of a surety bond is to protect the contractors should anything go wrong - Answer FALSE Customers may appeal the results of arbitration if the decision was un...

Licensing Requirements - California Contractors (Law and Business) with Complete Solutions Licensing Requirements - California Contractors (Law and Business) with Complete Solutions Licensing Requirements - California Contractors (Law and Business) with Complete Solutions Which of the following will potentially require a business license? A. The Internal Revenue Service B. The Contractors State License Board C. The Department of Industrial Relations D. Any city or county where the c...

California Contractors License Test Class Questions With 100% Correct Answers. Who does not need a contractors License? - answersomeone who does certain construction on commercial agricultural property The contractor surety Bond necessary for most contractors to obtain their license is in the amount of - answer$15,000 When licensed as a Sole Proprietor the license belongs to - answerthe Company Which is true of an inactive license? - answerMust be renewed every 4 Years How many classifi...

The address of the contractors State license Board is required to appear on all contracts. - correct answerTRUE Business licenses are required by state and they can be acquired at any state office. - correct answerFALSE Rights of lien can be waived in certain cases if supplier or sub signs such a waiver. - correct answerFALSE The purpose of a surety bond is to protect the contractors should anything go wrong - correct answerFALSE Customers may appeal the results of arbitration if the...

California Contractors License Test Class 2024 Questions With 100% Correct Answers

does certain construction on commercial agricultural property The contractor surety Bond necessary for most contractors to obtain their license is in the amount of CORRECT ANSWER $15,000 When licensed as a Sole Proprietor the license belongs to CORRECT ANSWER the Company Which is true of an inactive license? CORRECT ANSWER Must be renewed every 4 Years How many classifications can an RME apply for? CORRECT ANSWER As many classifications as he or she can qualify for. A prime contra...