EXAM 2026-2027 WITH QUESTIONS AND
WELL-VERIFIED CORRECT ANSWERS |
ALREADY GRADED A+ | GUARANTEED
PASS | FLORIDA ELECTRICAL BUSINESS
LATEST EXAM
Who has the authority, unless otherwise specified, to issue changes in a contract? -
ANSWER-The owner
The subcontractor/vendor should be given every opportunity to perform work prior
to commencing back charge work by the contractors forces - ANSWER-True
A jobsite meeting should be held with all subcontractors at least _______ or more
often necessary. - ANSWER-once per week
In standard subcontract agreement, the notification clauses might include one
stating that ________ days written notice is required prior termination for any
reason at the convenience of the contractor. - ANSWER-2 days
Maintaining the change request log, organizing the project, and producing the
project status report are all job responsibilities of the project ________ -
ANSWER-Manager
, An _______ company is a company authorized to issue bid bonds performance
bonds, labor and material bonds, or other types of surety bonds. - ANSWER-
bonding
A __________ is an approved form of security executed by a contractor and a
surety for the execution of the contract and all supplemental agreements. -
ANSWER-contract bond
Which type of network scheduling method shows the sequences and
interdependence of activities, and involves the sequence of activities that show the
shortest time path for completion of the project. - ANSWER-Critical Path Method
An ________ is an encumbrance that usually makes real or personal property the
security for payment of a debt or discharge of an obligation. - ANSWER-lien
The right to repossess or replevy unused materials from a jobsite will not be
effective if someone, in good faith, purchased it after removal from the site of the
improvement. - ANSWER-True.
The contractor must within _____ days after the receipt of the property owner's
request, furnishish to property owner or the property owner's agent a list of the
subcontractors and suppliers who have a contract with the contractor as of the date
the request is received by the contractor. - ANSWER-10 days.
A property perfected lien may be discharged by an order of the circuit court of the
_____ where the property is located. - ANSWER-county