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Naslca Virginia Exam Practice Questions with 100% correct Answers

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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

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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.

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