Nascla c - Study guides, Class notes & Summaries

NASCLA Contractors Guide Exam Questions and Answers (Graded A)NASCLA Contractors Guide Exam Questions and Answers (Graded A)NASCLA Contractors Guide Exam Questions and Answers (Graded A)NASCLA Contractors Guide Exam Questions and Answers (Graded A) When a business is purchased by a new owner, what happens in regards to the "EIN"? - ANSWER-A new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - ...

Name the elements of a business plan -cover page -executive summary -company summary -products and services -market analysis -marketing strategy -financial plan advantages of sole proprietorship -minimal legal restrictions -simple ownership form -low start up costs -sole ownership of profits -freedom in decision making process disadvantages of sole proprietorship -unlimited personal liability -less available capital -possible difficulty obtaining long-term financing -dissolutio...

1. FOB freight prepaid requires __________ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor - correct answer Seller 2. Which of the following is not a member of the supervisory? A. Foreman B. materials expediter C. Owner's representative D. Project manager - correct answer Project Manager 3. __________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. A. Calen...

NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers, Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law, ...

MHIC NASCLA CONTRACTORS EXAM REVIEW QUESTIONS & 100%CORRECT ANSWERS 2024 A+ GRADED. Does home improvement include work done on an individual condominium unit? - Correct Answer-Yes Does home improvement include work done on a swimming pool? - Correct Answer-Yes Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? - Correct Answer-Yes Contractors who can only contract with a contractor or a subcontractor are: - Correct Answer-Subcontractors A count...

NASCLA Contractor's Guide Exam Questions and Answers 100% CorrectNASCLA Contractor's Guide Exam Questions and Answers 100% CorrectNASCLA Contractor's Guide Exam Questions and Answers 100% Correct The standard industry mark-up is? - ANSWER-15% - Bus Law & Proj Mgmt pg 7-7 Which of the following is important to consider in order to avoid inaccuracies when making an accurate project estimate? A) Units of measure B) Time involved C) Overhead Costs D) Productivity time - ANSWER-A) Units...

1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2

MHIC NASCLA CONTRACTORS EXAM REVIEW LATEST UPDATE GRADED A+ Does home improvement include work done on an individual condominium unit? Yes Does home improvement include work done on a swimming pool? Yes Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Yes Contractors who can only contract with a contractor or a subcontractor are: Subcontractors A county or municipality in Maryland _____________ require a contractor to get authorizatio...

Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 Already Passed 1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. A. Accrual B. Appreciation C. Deprecation D. Cash...

Exam 1 Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 Already Passed 1. FOB freight prepaid requires __________ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor Seller 2. Which of the following is not a member of the supervisory? A. Foreman B. materials expediter C. Owner's representative D. Project manager Project Manager 3. __________ scheduling consists of date...