Florida State Business & Finance Exam Study Guide - Volume 1 - Section 2. A Licensing - Practice Test 1 Already Passed

Florida State Business & Finance Exam Study Guide - Volume 1 - Section 2. A Licensing - Practice Test 1 Already Passed What is not an action requiring disciplinary proceedings by the Construction Industry Licensing Board? Abandonment of a construction project in which the contractor is engaged or under contract as a contractor, due to a lack of payment. The board may revoke, suspend, or deny the issuance or renewal of the ______ of a contractor or impose an administrative fine not to exceed $10,000, place the contractor on probation, reprimand, or censure. Registration or certification. A "residential contractor" means a contractor whose services are limited to construction, remodeling, repair, or improvement of one-, two-, and three-family residences, not exceeding ______ stories in height. Three. Registration allows a registrant to engage in contracting __________. In counties and municipalities where he has complied. The _____________ shall be used in all contractor advertising. Certification of registration number. Failure to renew at the time of the biennial renewal will result in the certification or registration of a contractor's license being ___________. Delinquent. Contractors that are licensed at the local level must ____________. Register with the State Construction Industry Licensing Board. An applicant for a registered contractor's license is required to __________. Show successful compliance with local examination. An active certified residential contractor is eligible to take the general contractor's examination if he possesses a minimum of _________ years of proven experience in the classification in which he is certified. 4 A general contractor who was licensed after 1973 is qualified to __________. Install sewer mains in the course of developing a site. A college education plus _______ year(s) of experience can qualify a person for licensure. One. An applicant for certification or registration must provide proof of all but which types of insurance? Workers Compensation Public liability Property damage Automobile insurance ------ Correct answer. Each registrant or certificate holder must renew the registration or certificate every _________. Two years. An unlicensed contractor causes $15,000 in damage to a consumer because of his negligence. The contractor is subject to a fine up to ______ plus attorney's fees and costs. $10,000 If a contractor abandoned a job that he collected $10,000 or more than he was entitled to he has ____ days to refund the over payment. 30