Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

Naslca Virginia Exam Practice Questions with 100% correct Answers

Rating
-
Sold
-
Pages
20
Grade
A+
Uploaded on
03-04-2024
Written in
2023/2024

Naslca Virginia Exam Practice Questions with 100% correct Answers What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - $500 fine per day for each day of violation plus penalties for a misdemeanor. All Class A contractor licensure applications MUST include - information on the knowledge, skills, and abilities of the applicant. What is the PRIMARY purpose of licensing? - Protect the health and welfare of the public. When a claimant is paid funds from the Contractors Recovery Trust Fund - the contractor's license is revoked. !!! The application for licensure MUST include - the business address of the proposed designated employee. Which of the following is a requirement for a joint venture? - Either the joint venture or each contracting party of the joint venture must be licensed. All of the following must be licensed EXCEPT - a material supplier who advises a contractor. How much is the Class A initial license fee? - $200

Show more Read less
Institution
Course

Content preview

Naslca Virginia Exam Practice Questions with 100%

correct Answers


What is the MAXIMUM penalty for a contractor who undertakes work without the proper

class of license? - ✔✔$500 fine per day for each day of violation plus penalties for a

misdemeanor.

All Class A contractor licensure applications MUST include - ✔✔information on the

knowledge, skills, and abilities of the applicant.

What is the PRIMARY purpose of licensing? - ✔✔Protect the health and welfare of the

public.

When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔✔the

contractor's license is revoked. !!!

The application for licensure MUST include - ✔✔the business address of the proposed

designated employee.

Which of the following is a requirement for a joint venture? - ✔✔Either the joint venture

or each contracting party of the joint venture must be licensed.

All of the following must be licensed EXCEPT - ✔✔a material supplier who advises a

contractor.

How much is the Class A initial license fee? - ✔✔$200

,A licensee's name change MUST be reported to the Board within a MAXIMUM of how

many days? - ✔✔30 days

According to the Board Rules and Regulations, a full-time employee is one who works a

MINIMUM of how many hours per week? - ✔✔30 hours.

A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net

worth of - ✔✔$15,000.

According to the Board Rules and Regulations, which of the following could be a

qualified individual? - ✔✔Any full-time employee.

An appeal of the local building official's decision to refuse to grant a modification to the

USBC MUST be made to the local building board within a MAXIMUM of how many

days? - ✔✔90 days.

A building official MUST issue a certificate of occupancy for a building that meets all the

requirements for a certificate within a MAXIMUM of how many working days after the

certificate was requested? - ✔✔5

Additions to buildings MUST comply with - ✔✔the current code for new construction.

When MUST the work be stopped following the issuance of a stop work order? -

✔✔Immediately

Who is to be in charge of a local building department? - ✔✔Building official.

Contractors who are assessed a fee to support the Transaction Recovery Fund MUST

pay this fee within a MINIMUM of how many days from when the assessment fee notice

was mailed? - ✔✔45 days

, Contractors will be assessed a fee for the Transaction Recovery Fund whenever the

fund balance is less than - ✔✔$400,000.

Payments made by the Transaction Recovery Fund to claimants may include an

amount for - ✔✔attorneys' fees.

A contract for which of the following types of structures may be subject to recovery from

the Transaction Recovery Fund? - ✔✔Residential only.

A verified claim for payment from the Transaction Recovery Fund MUST occur within a

MAXIMUM of what period of time from the date the claimant was awarded a final

judgment? - ✔✔12 months.

An appeal of a final decision of a county on an erosion control plan MUST be filed within

a MAXIMUM of how many days? - ✔✔30 days.

Temporary erosion and sediment control measures MUST be removed within a

MAXIMUM of how many days after the final site stabilization? - ✔✔30 days.

Which of the following statements about a sole proprietorship is TRUE? - ✔✔The

business, or any part of it, can be sold, altered, or exchanged at will.

What type of business organization allows people to share financial resources? -

✔✔Partnership.

Which of the following estimating methods is typically used by the architect rather than

the contractor? - ✔✔Conceptual estimate.

Equipment needs for a project are BEST estimated by - ✔✔calculating the number of

hours or days it is needed.

Written for

Course

Document information

Uploaded on
April 3, 2024
Number of pages
20
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$17.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
morren

Get to know the seller

Seller avatar
morren Teachme2-tutor
Follow You need to be logged in order to follow users or courses
Sold
1
Member since
3 year
Number of followers
2
Documents
1278
Last sold
1 year ago

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions