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UTAH GENERAL CONTRACTOR BUSINESS & LAW Exam Questions with 100% Correct Answers Latest Update 2026 A+

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UTAH GENERAL CONTRACTOR BUSINESS & LAW Exam Questions with 100% Correct Answers Latest Update 2026 A+

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UTAH GENERAL CONTRACTOR BUSINESS & LAW
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UTAH GENERAL CONTRACTOR BUSINESS & LAW

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1




UTAH GENERAL CONTRACTOR BUSINESS
& LAW Exam Questions with 100% Correct
Answers Latest Update 2026 A+

Which of the following is qualified to perform construction for highways, water supply,

flood control and bridges? <Correct Answer>> General Engineering Contractor



A Residential and Small Commercial Non-Structural Remodeler cannot perform work on

a project valued at more than $ . <Correct Answer>> $50,000



A Residential and Small Commercial contractor may not perform construction on

buildings greater than square feet. <Correct Answer>> 20,000
Does a lead removal company need to have a contractor's license? -

<CORRECT ANSWER>> No



An applicant for licensure must pass both parts of the state exams with a passing score

of %. <Correct Answer>> 70%



If you fail the first attempt at the examination, you must wait days before taking the

test again. <Correct Answer>> 30



A General Building Contractor applicant must be able to show proof of years

experience in the last 10 years. <Correct Answer>> 4

,2




A Residential and Commercial Building contractor applicant must show 4 years of

experience, of which must be in a managerial or supervisory position. -

<CORRECT ANSWER>> 2 years



Does a carpenter have to show proof of four years experience in order to become

licensed? <Correct Answer>> Yes



Each licensee shall complete a total of hours of continuing education during

each two year license term. <Correct Answer>> 6
You must retain documentation of continued education for at least .-

<CORRECT ANSWER>> 3 years



Agencies that issue permits must submit information (date, name, address etc.)

concerning each permit issued within 30 days of issuance. <Correct Answer>> True



Does the Division conduct financial audits on license candidates? <Correct Answer>>

Yes



A contractor who has allowed his/her license to lapse for more than two years, and has

continued to practice contract work, must . -CORRECTANSWER

pay the current new application fee



No license shall be in an inactive status for more than years. -

<CORRECT ANSWER>> six

,3




Failure to maintain insurance, for less than 90 days, and no insurable loss has occurred,

results in . <Correct Answer>> minimum 30 day suspension, stayed

indefinitely



If insurable loss has occurred and licensee has not paid the damages, the license may

be suspended indefinitely until such loss is paid by the licensee. <Correct Answer>>

True
"Unprofessional conduct" includes: <Correct Answer>> both a and c



A General Building contractor shall provide a license bond issued by a surety

acceptable to the Division in the amount of $ . <Correct Answer>> $50,000



Can a contractor ever provide a surety bond in an amount less than is typically

specified? <Correct Answer>> yes



What items are usually found in a bid package? <Correct Answer>> 1 bid instructions

2 conditions and requirements

3 invitations

4 all of the above



Temporary storage facilities, dumpsters and utilities are considered

overhead. <Correct Answer>> project



Indirect labor costs like taxes and insurance are sometimes referred to as

. <Correct Answer>> Labor Burden

, 4




When adding profit to an estimate, the value is usually

. <Correct Answer>> a percentage of the total job

cost
What are the first steps in completing an estimate? <Correct Answer>> 1 Review

project documents

2 Conduct environmental assessments

3 Inspect the job site

4 All of the above



What would be the best source to use when estimating job site overhead? -

<CORRECT ANSWER>> Historical job site overhead costs records



assign a cost to each measurable item of work and these are listed

separately on the estimate. <Correct Answer>> Unit price estimates



In this type of estimate, a contractor agrees to perform a prescribed project for a single

amount, even in the event that the actual cost may be more than the stipulated amount.

<Correct Answer>> Lump sum



Any changes to the bid before it is due can be submitted by an .-

<CORRECT ANSWER>> addendum



Factors that will influence and contribute to the cost of a project include all but the

following: <Correct Answer>> financial stability

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