WV BUSINESS LAW PRACTICE
EXAM FOR CONTRACTORS (2025)
comprehensive questions and
verified detailed solutions (
MULTIPLE CHOICES) |100%
CORRECT!!
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Terms in this set (35)
,1. What type of b. Design build
contract requires
the contractor to
be responsible
for both the
engineering and
construction of a
project?
a. Traditional
b. Design build
c. Turn key
d. Concession
2. By what date a. January 31
is an employer
required to
provide its
employees with
a W-2?
a. January 31
b. February 15
c. March 31
d. April 15
,3. When a. Work breakdown structure
developing a
project
schedule, what
does WBS stand
for?
a. Work
breakdown
structure
b. Work building
schedule
c. Wall board
system
d. Whole build
system
4. Overtime c. 150%
wages are paid
at what
percentage of
the normal wage
rate?
, 5. Using the c. $194.50
percentage
method of
withholding,
what is the
income tax
deducted form
an employees
wages that earns
$1,500 per pay
period, is paid
bi-weekly, is
single and claims
no deductions?
a. $82.95
b. 165.90
c. $194.50
d. $214.50
EXAM FOR CONTRACTORS (2025)
comprehensive questions and
verified detailed solutions (
MULTIPLE CHOICES) |100%
CORRECT!!
Save
Terms in this set (35)
,1. What type of b. Design build
contract requires
the contractor to
be responsible
for both the
engineering and
construction of a
project?
a. Traditional
b. Design build
c. Turn key
d. Concession
2. By what date a. January 31
is an employer
required to
provide its
employees with
a W-2?
a. January 31
b. February 15
c. March 31
d. April 15
,3. When a. Work breakdown structure
developing a
project
schedule, what
does WBS stand
for?
a. Work
breakdown
structure
b. Work building
schedule
c. Wall board
system
d. Whole build
system
4. Overtime c. 150%
wages are paid
at what
percentage of
the normal wage
rate?
, 5. Using the c. $194.50
percentage
method of
withholding,
what is the
income tax
deducted form
an employees
wages that earns
$1,500 per pay
period, is paid
bi-weekly, is
single and claims
no deductions?
a. $82.95
b. 165.90
c. $194.50
d. $214.50
