Nascla business law 2025 - Study guides, Class notes & Summaries

Business, Law & Project Management (NASCLA)- NC General Contractor 8th Edition | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass Be familiar with the elements of a business plan - Answer -1-1 to 1-3. Know the advantages and disadvantages of the different types of business structures - Answer -2-1 to 2-7 A Limited Partners Liability (Partnership) is limited to the amount they invested. A major disadvantage of a General Partnership is ________________________________...

NASCLA Business, Law, and Project Management 13th Edition - Test 1 | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass FOB freight prepaid requires _____ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor - Answer -C. Seller 13-11 _____ is NOT a member of the supervisory team.A. A Foreman B. A Material expediter C. The Owner's representative D. A Project manager - Answer -D. A Project Manager 8-7 With _____ scheduling, you can link...

NASCLA BUSINESS LAW | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass sole proprietor - Answer -A form of business ownership is least regulated partnership - Answer -Under which form of business organization are all investors fully liable for all debts of the business. S corporation - Answer -owner who is looking for maximum protection from personal liability leaving something out - Answer -worst possible error in estimating source documents - Answer -the paperwork...

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 - 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, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) pg. 2 professoraxe l A. Accrual B....

The _____ method recognizes income when the employer has done the work but has not received the income. A. Accrual B. Appreciation C. Depreciation D. Cash - Correct Answer-A. Accrual 13-7 A _____ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - Correct Answer-D. Unit price method NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded pg. 2 profe...

Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corpora...

1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 | Questions and Correct Answers 2024/2025 Update 1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bondC. Payment bond D. James bond - Answer -Payment Bond 2. The _____________ method recognizes income when the emp

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Questions and Answers (2024 / 2025) (Verified Answers)