Cslb law and business - Study guides, Class notes & Summaries

Business and Law Test California CSLB

Business and Law Test California CSLB questions and answers latest 2024

CSLB CONTRACTOR’S LAW AND BUSINESS ACTUAL EXAM WITH CORRECT 120+ ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+

Business and Law Test California CSLB UPDATED Exam Questions and CORRECT Answers overhead - Correct ANSWER- The costs of running your business, including office expenses, etc. Stop notice - Correct ANSWER- 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 notice to take effect? - Correct ANSWER- 20-day preliminary notice must have been se...

Business and Law Test California CSLB

overhead - ANSWER - The costs of running your business, including office expenses, etc. Stop notice - ANSWER - 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 notice to take effect? - ANSWER - 20-day preliminary notice must have been sent in order for a Stop Payment Notice to take effect. What is a Preliminary notice - ANSWER - A preliminary...

Bonds can be purchased from bonding companies for ___% of the original contract price. - CORRECT ANSWER 1-2% This acts as an assurance that the contractor will be able to complete the job as described in the contract. - CORRECT ANSWER Bid Bond This guarantees a contractor will complete the project according to the agreed upon terms & conditions. - CORRECT ANSWER Performance Bond or Contract Bond This guarantees that subcontractors and suppliers will be paid by the contractor fo...

How long does a client have to cancel a contract for repairs that are the result of an event for which a State of Emergency was declared? 5 business days 5 calendar days 7 business days 7 calendar days - CORRECT ANSWER 7 Business Days How many days does a contractor have to notify the Registrar after being issued a workers' compensation insurance policy? 5 days 10 days 30 days 90 days - CORRECT ANSWER 90 days A contractor has had a problem with employees stealing tools a...

Business and Law Test California CSLB with Complete Solutions Business and Law Test California CSLB with Complete Solutions Business and Law Test California CSLB with Complete Solutions overhead - ANSWER-The costs of running your business, including office expenses, etc. Stop notice - ANSWER-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 require...

CSLB Contractor's Law and Business Actual Exam Update CSLB Contractor's Law and Business Exam Latest Questions and Correct Answers Rated A+