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LOUISIANA BUSINESS AND LAW LATEST 2026/2027 ACTUAL EXAM 173QUESTIONS WITH CORRECT ANSWERS 100% VERIFIED GRADED A+

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LOUISIANA BUSINESS AND LAW LATEST 2026/2027 ACTUAL EXAM 173QUESTIONS WITH CORRECT ANSWERS 100% VERIFIED GRADED A+

Institution
Louisiana
Course
Louisiana

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LOUISIANA BUSINESS AND LAW
LATEST 2026/2027 ACTUAL EXAM
173QUESTIONS WITH CORRECT
ANSWERS 100% VERIFIED GRADED
A+
Thempurposemofmthemcontractormlicensingmlawsmismtom-
mCORRECTmANSWERmProtectmthempublicmfrommfraudulentmcontractors



Protectmagainstminexperiencedmcontractors

Protectmthemhealth,msafetymandmgeneralmwelfaremofmthempublic



Anymconstructionmprojectmothermthanmresidentialmhomes,mamsinglemresidentialmduplex,mtri-
plex,mormfour-plex.m-mCORRECTmANSWERmCommercialmproject



Amcontractormismampersonmthatmworksmonmamprojectmvaluedmatm______mormmoremformcommercialmp
urposesmothermthanmresidentialmduplexes,mtri-plexesmormfour-plexes.m-
mCORRECTmANSWERm$50,000




Am___________mismthempersonmwhomcontractsmdirectlymwithmthemowner.m-
mCORRECTmANSWERmGeneralmcontractor




Amcontractormthatmworksmonmampreexistingmownermoccupiedmbuildingmismconsideredmam_________
m.m-mCORRECTmANSWERmHomemimprovementmcontractor




Amresidentialmcontractormismonemwhomconstructsmamfixedmstructuremwhenmthemcostmexceedsm____
_____.m-mCORRECTmANSWERm$75,000



Themstatemlicensingmboardmismcomprisedmofm____mmembers.m-mCORRECTmANSWERm15

,ThemboardmhasmthempowermtomdomanymofmthemfollowingmEXCEPT:m-
mCORRECTmANSWERmSuemunlicensedmcontractors




Licensesmandmrenewalsmexpiremonm_______.m-
mCORRECTmANSWERmThemanniversarymdatemthemlicensemwasmissued




Anmapplicantmmustmfurnishmthemboardmwithmproofmofmfinancialmresponsibilitymincludingmproofmofm
netmworthmofmatmleastm______m.m-mCORRECTmANSWERm$10,000



Ismanmapplicantmpermittedmtomfurnishmambondminmlieumofmproofmofmnetmworth?m-
mCORRECTmANSWERmyes




Whenmamqualifyingmpartymofmamconstructionmcompanymleavesmemployment,mthemcompanymhasmho
wmmanymdaysmtominformmthemboard?m-mCORRECTmANSWERm30mdays



Amqualifyingmpartymcanmbemwhichmofmthemfollowing:m-mCORRECTmANSWERmAmco-partner

Amstockholder

Anmemployeemwhomhasmbeenmwithmthemcompanymatmleastm120mdays

Allmofmthemabove



Anmownermofmampropertymwhomismimprovingmtheirmhomemformtheirmownmusemdoesmnotmhavemtomha
vemamlicensemtomdomconstructionmwork.m-mCORRECTmANSWERmTrue



Ifmyoumfailmtomcomplymwithmthemrulesmofmthemboard,myoumaremsubjectmtomrevocationmormsuspensio
nmofmyourmlicense.m-mCORRECTmANSWERmTrue



Ifmyoumhavembeenmfoundmguiltymofmviolatingmthemrulesmofmthemboardmmoremthanmtwiceminmonemyea
r,myoumwillmnotmbempermittedmtombidmonmampublicmprojectmformupmtom____myearsm-
mCORRECTmANSWERm3

, Ifmamlicensemhasmbeenmdeniedmbymthemboard,mthemapplicantmhasm____mtomappeal.m-
mCORRECTmANSWERm6mmonths




Amcontractormwhomismunlicensedmmaymbemfoundmguiltymofmammisdemeanor,mandmfinedmupmtom____
____.m-mCORRECTmANSWERm$500mpermdaymofmthemviolation



Ifmanmunlicensedmcontractormcausesmharmmormdamagemtomanotherminmexcessmofm$300,mtheymcanmb
emfinedmupmtom______mandmpossiblymbemimprisonedmupmtom_____m.m-
mCORRECTmANSWERm$5,000mandm5myears




Ifmamcontractormhasmbeenmorderedmtomceasemandmdesistmwork,mandmfailsmtomdomso,mthatmcontracto
rmshallmnotmbempermittedmtomapplymformamlicensemform___________m.m-mCORRECTmANSWERm1myear



AmresidentialmcontractormmustmprovidemallmofmthemfollowingmEXCEPT:m-
mCORRECTmANSWERmProofmofmfivemyearsmexperience




Amcontractormwhomoptsmtomplacemhismlicenseminmanminactivemstatusmmustmstillmsubmitmproofmofmins
urancemcoverage.m-mCORRECTmANSWERmFalse



Residentialmcontractorsmmustmpaymamrenewalmfeemofm_____.m-mCORRECTmANSWERm$100.00



Residentialmcontractorsmmustmpaymamlicensemfeemofm_____.m-mCORRECTmANSWERm$100.00



Amhomemimprovementmprojectm,minmexcessmofm_______mMUSTmhavemamwrittenmcontractmbetweenm
themcontractormandmthemowner.m-mCORRECTmANSWERm$7,500



AmhomemimprovementmcontractormismrequiredmtomregistermwithmthemResidentialmBuildingmContrac
torsmSubcommittee.m-mCORRECTmANSWERmTrue
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Institution
Louisiana
Course
Louisiana

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May 18, 2026
Number of pages
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Written in
2025/2026
Type
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