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contractors license in Arizona Questions and
Verified Answers
Q: how many employees are you required to have in order to have works comp?
ANS: more than 1 employee
Q:
if you fail to identify and mark underground utilities, how much do you have to pay for
violation
ANS: you can be fined up to 5000 dollars for the first violation, and up to 70000
dollars
Q:
sets limits on how much of a air pollutant is allowed in the air.
ANS: the clean air act
Q:
when does the fair labor act apply
ANS: it applies to employers that have 1 or more employee
Q:
what is form I-9
ANS: this form is used by immigration ,to make sure employees has legal
immigration status in the usa
Q:
what is project over head
ANS: items needed to complete the project ex; bonds,temporary
storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid
Q:
what is the clean water act
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ANS: establishes the basic structure for regulating disharges of pollutants into the
waters of united states
Q:
what are current liabilities
ANS: liabilities that will mature and must be paid within 1 year
Q:
immigration forms must be kept for how long
ANS: at least 3 years
Q:
what is a maintance bond
ANS: guarantees that for one year no defective workmanship or material will
appear on completed project
Q:
liability insurance is what
ANS: to protect 3rd party claims
Q:
keyman life insurance
ANS: its to continue business if one dies or becomes incapacitated
Q:
how much money is deducted from employee to pay for works comp
ANS: nothing. employer pays for everything
Q:
how soon must form I-9 be completed by
ANS: it should be completed within 3 days of hire
Q:
how long should you keep lead pamphlet receipt for
ANS: must be kept for 3 years
contractors license in Arizona Questions and
Verified Answers
Q: how many employees are you required to have in order to have works comp?
ANS: more than 1 employee
Q:
if you fail to identify and mark underground utilities, how much do you have to pay for
violation
ANS: you can be fined up to 5000 dollars for the first violation, and up to 70000
dollars
Q:
sets limits on how much of a air pollutant is allowed in the air.
ANS: the clean air act
Q:
when does the fair labor act apply
ANS: it applies to employers that have 1 or more employee
Q:
what is form I-9
ANS: this form is used by immigration ,to make sure employees has legal
immigration status in the usa
Q:
what is project over head
ANS: items needed to complete the project ex; bonds,temporary
storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid
Q:
what is the clean water act
, Page | 2
ANS: establishes the basic structure for regulating disharges of pollutants into the
waters of united states
Q:
what are current liabilities
ANS: liabilities that will mature and must be paid within 1 year
Q:
immigration forms must be kept for how long
ANS: at least 3 years
Q:
what is a maintance bond
ANS: guarantees that for one year no defective workmanship or material will
appear on completed project
Q:
liability insurance is what
ANS: to protect 3rd party claims
Q:
keyman life insurance
ANS: its to continue business if one dies or becomes incapacitated
Q:
how much money is deducted from employee to pay for works comp
ANS: nothing. employer pays for everything
Q:
how soon must form I-9 be completed by
ANS: it should be completed within 3 days of hire
Q:
how long should you keep lead pamphlet receipt for
ANS: must be kept for 3 years
