EXAM 2026-2027 WITH 220 QUESTIONS AND
EXPERT-VERIFIED CORRECT ANSWERS |
ALREADY GRADED A+ | GUARANTEED
SUCCESS | CONTRACTOR LICENSE FINAL
EXAM 2026
When a sales person is no longer associated with a company they represented, the
contractor must: - ANSWER-give the commission written notice
The Commission may suspend or revoke a license if the licensee: - ANSWER--lies
on their application
-practices fraud while being licensed
-is convicted of a felony
Licensed Home Improvement Contractors are also required to hold a construction
license issued by the Clerk of the Court under Title 17. - ANSWER-False
Home owners have a right to bring a claim against the Guaranty Fund for
situations of _________________________ concerning restoration, repair,
replacement or completion that arise from unworkmanlike, inadequate, or
incomplete home improvement. - ANSWER-actual loss
,What is the maximum amount of money the Commission will award to any one
claimant from the Guaranty Fund? - ANSWER-$20,000.00
What is the maximum amount of money the Commission will pay out of the fund
concerning the affairs of any one contractor? - ANSWER-$100,000.00
Can a person bring a claim against the Guaranty Fund in a contract he has with the
employer of his son? - ANSWER-No
How long does a claimant have to bring a claim against the Guaranty Fund? -
ANSWER-3 years from discovery of the loss or damage
How many days does a contractor have to respond in writing to the copy of a claim
that was sent by the Commission? - ANSWER-10 days
If within ____________ after the Commission gives notice, a contractor on whose
account a claim was paid does not reimburse the fund in full, the Commission may
sue the contractor for reimbursement. - ANSWER-60 days
In addition to full reimbursement of the fund, a contractor is responsible to pay at
least ___________ interest on the amount to reimburse. - ANSWER-10 percent
The state can record a lien against any real property owned by the contractor for a
debt owed to the fund. - ANSWER-True
If the Commission pays a claim from the Fund based on the actions or omissions of
a contractor, the Commission may suspend the contractor's license until full
reimbursement of the Fund plus at least 10% interest. - ANSWER-True
, A home improvement contract in compliance with the home improvement laws
would include all of the following except: - ANSWER-Names and license numbers
of subcontractors
A salesperson may not represent 2 contractors at the same time for the same
project. - ANSWER-True
Can a salesperson legally accept money for themselves from the customer? -
ANSWER-No
It is against the law for building and permits departments to issue a permit to a
contractor without the contractor's license number. - ANSWER-True
If a contractor fails to correct a violation of the building code within a reasonable
time period, the county or municipality inspecting the project shall notify the
Commission. - ANSWER-True
What is the maximum fine for contracting without a license - second offense? -
ANSWER-$5,000 and/or 2 years in jail or both
Contractor, Jack Smith, is not getting along with Hector Jones, his customer. If he
decides not to complete the contract, has Jack broken any law? - ANSWER-Yes
Can a contractor decide to use a material other than specified in the contract
documents without getting permission from the owner? - ANSWER-No
Contractors may not: - ANSWER--misrepresent their service or product
-make false promises