CA Contractors license test questions Business and
Law Exam Questions With Correct Answers
How much time does a contractor have to renew his license after the expiration
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date without retaking the exam? - CORRECT ANSWER✔✔-5 year
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When you collect sales tax from your customer for goods, which agency do you
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report and pay sales tax collected? - CORRECT ANSWER✔✔-State board of
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equalization
Sales tax is a state tax. State income taxes are payable to the franchise tax board.
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IRS only collects federal taxes
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How long is the contractor liable for patent or visible defects? - CORRECT
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ANSWER✔✔-4 years |
How long is the contractorr liable for latent or structural defects - CORRECT
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ANSWER✔✔-Latent is an invisible or structural defect liable for up to 10 years | | | | | | | | | | | |
Accounts receivable contains - CORRECT ANSWER✔✔-Retention
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Retention usually 10%; it is withheld by the owner from the contract to ensure
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that the job is done properly and subcontractors are paid.
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What is considered a fixed cost to a contractor? - CORRECT ANSWER✔✔-Office
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rent
, What is considered a variable cost to contractors? - CORRECT ANSWER✔✔-
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Construction material |
If a home solicitation presentation is made in spanish, the contract language must
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|be - CORRECT ANSWER✔✔-spanish
| | |
If the employer requires a pre-employement physical exam, who must pay for the
| | | | | | | | | | | |
|exam? - CORRECT ANSWER✔✔-Employer
| | |
How often should a contractor renew his license? - CORRECT ANSWER✔✔-2
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years
Licenses become void after 5 | | | |
What is the overtime pay rate after 8hrs of work - CORRECT ANSWER✔✔-1.5.
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after 12, rate doubles
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What should be included in the change order form - CORRECT ANSWER✔✔-
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Reason for change | |
What is the benefit of arbitration over legislation - CORRECT ANSWER✔✔-
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Arbitration is cheaper | |
When the total price of the bid is over____ the contractor must be licensed -
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CORRECT ANSWER✔✔-$500 |
Law Exam Questions With Correct Answers
How much time does a contractor have to renew his license after the expiration
| | | | | | | | | | | | | |
date without retaking the exam? - CORRECT ANSWER✔✔-5 year
| | | | | | | |
When you collect sales tax from your customer for goods, which agency do you
| | | | | | | | | | | | | |
report and pay sales tax collected? - CORRECT ANSWER✔✔-State board of
| | | | | | | | | | |
equalization
Sales tax is a state tax. State income taxes are payable to the franchise tax board.
| | | | | | | | | | | | | | | |
IRS only collects federal taxes
| | | |
How long is the contractor liable for patent or visible defects? - CORRECT
| | | | | | | | | | | | |
ANSWER✔✔-4 years |
How long is the contractorr liable for latent or structural defects - CORRECT
| | | | | | | | | | | | |
ANSWER✔✔-Latent is an invisible or structural defect liable for up to 10 years | | | | | | | | | | | |
Accounts receivable contains - CORRECT ANSWER✔✔-Retention
| | | | |
Retention usually 10%; it is withheld by the owner from the contract to ensure
| | | | | | | | | | | | | |
that the job is done properly and subcontractors are paid.
| | | | | | | | |
What is considered a fixed cost to a contractor? - CORRECT ANSWER✔✔-Office
| | | | | | | | | | | |
rent
, What is considered a variable cost to contractors? - CORRECT ANSWER✔✔-
| | | | | | | | | |
Construction material |
If a home solicitation presentation is made in spanish, the contract language must
| | | | | | | | | | | |
|be - CORRECT ANSWER✔✔-spanish
| | |
If the employer requires a pre-employement physical exam, who must pay for the
| | | | | | | | | | | |
|exam? - CORRECT ANSWER✔✔-Employer
| | |
How often should a contractor renew his license? - CORRECT ANSWER✔✔-2
| | | | | | | | | | |
years
Licenses become void after 5 | | | |
What is the overtime pay rate after 8hrs of work - CORRECT ANSWER✔✔-1.5.
| | | | | | | | | | | | |
after 12, rate doubles
| | |
What should be included in the change order form - CORRECT ANSWER✔✔-
| | | | | | | | | | |
Reason for change | |
What is the benefit of arbitration over legislation - CORRECT ANSWER✔✔-
| | | | | | | | | |
Arbitration is cheaper | |
When the total price of the bid is over____ the contractor must be licensed -
| | | | | | | | | | | | | | |
CORRECT ANSWER✔✔-$500 |
