CSLB Contractor's Law Exam Bundle

2 types of qualifying individuals for each type of license - Individual - Responsible Managing Employee (RME) or Owner Partnership - Qualifying Partner or RME Corporation - Responsible managing officer (RMO) or RME LLC - RME, RMO, Responsible Managing member/manager What must be filed w/CSL...

Who must be licensed as a contractor? - All who construct or alter any residential or commercial work that cost more than $500 (labor+material) How old do you have to be to obtain a contractor license? - 18 years old How many years of experience are required to obtain a contractors licen...

An employer remits State disability taxes withheld from an employees wages to what agency? - Employment Development Department Which act establishes the rights of workers to organize into unions and negotiate contracts? - National Labor Relations Act of 1935 A contractor has had a proble...

2 types of qualifying individuals for each type of license - Individual - Responsible Managing Employee (RME) or Owner Partnership - Qualifying Partner or RME Corporation - Responsible managing officer (RMO) or RME LLC - RME, RMO, Responsible Managing member/manager What must be filed w/CSL...

Who must be licensed as a contractor? - Anyone who constructs or alters on any job that costs 500 dollars or more. How old do your have to be to get a contractors license. - 18 What are the types of licenses issued. - Individual, partnership, or corporation licenses. Joint Venture lic...

When should you let your attorney see a construction contract? A. Before you let the client see the contract B. After the contract is prepared but before you sign it C. After the building permit is obtained D. After the contract is signed by you and the client - B. After the contract is p...

An employer remits State disability taxes withheld from an employees wages to what agency? - Employment Development Department Which act establishes the rights of workers to organize into unions and negotiate contracts? - National Labor Relations Act of 1935 A contractor has had a proble...

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - State board of equalization Sales tax is a state tax. S...

How much time does a contractor have to renew his/her license after the expiration date without retaking the license exam? - The contractor is not required to retake the exam if the license is renewed within 5 years, from the expiration date If the contractor unlawfully removes asbestos he/she...

The contractor's license number - The most important thing to include when advertising for construction work is Name, business address, and contractor's license number - What must licensed plumbing, electrical sign and well-being contractors have displayed on both sides of their commercia...

If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - quarterly How many employees does it take for the Fair Labor Act to be applied? - 1 What accounting method records income when the service occurs and expense when they are incurred? - Accrual Method ...

overhead - The costs of running your business, including office expenses, etc. Stop notice - A document given for the purpose of stopping, intercepting, or freezing funds that have not yet been paid on a construction project in an attempt to ensure payment. What is required to for a stop...

You are the qualifier for an active contractor's license. How do you inactivate the license? - Complete app to Inactivate License The federal Employer Identification Number (EIN) is issued by the: - IRS If there is a problem with a code violation after the project is complete, who is re...

What is the main weakness of a time scale or bar chart? - It does not show the interdependency of the activities. The primary topics that should be included in a Business Plan are: - A description of the goals of the business, markets and marketing, finances, and management. Who prepares...