VIRGINIA CONTRACTOR PRACTICE
TEST EXAM WITH CORRECT
QUESTIONS AND ANSWERS 2025
What is the MAXIMUM penalty for a contractor who undertakes work
without the proper class of license? - CORRECT-ANSWERS$500 fine.
Which of the following is a requirement for a joint venture? -
CORRECT-ANSWERSEither the joint venture or each contracting party of
the joint venture must be licensed.
The application for licensure MUST include - CORRECT-ANSWERSthe
business address of the proposed designated employee.
All Class A contractor licensure applications MUST include - CORRECT-
ANSWERSinformation on the knowledge, skills, and abilities of the
applicant.
, When a claimant is paid funds from the Contractors Recovery Trust Fund
- CORRECT-ANSWERSthe contractor's license is revoked.
All of the following must be licensed EXCEPT - CORRECT-ANSWERSa
material supplier who advises a contractor.
What is the PRIMARY purpose of licensing? - CORRECT-ANSWERSProtect the
health and welfare of the public.
A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of - CORRECT-ANSWERS$15,000.
A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days? - CORRECT-ANSWERS30 days.
According to the Board Rules and Regulations, which of the following
could be a qualified individual? - CORRECT-ANSWERSAny full-time
employee.
TEST EXAM WITH CORRECT
QUESTIONS AND ANSWERS 2025
What is the MAXIMUM penalty for a contractor who undertakes work
without the proper class of license? - CORRECT-ANSWERS$500 fine.
Which of the following is a requirement for a joint venture? -
CORRECT-ANSWERSEither the joint venture or each contracting party of
the joint venture must be licensed.
The application for licensure MUST include - CORRECT-ANSWERSthe
business address of the proposed designated employee.
All Class A contractor licensure applications MUST include - CORRECT-
ANSWERSinformation on the knowledge, skills, and abilities of the
applicant.
, When a claimant is paid funds from the Contractors Recovery Trust Fund
- CORRECT-ANSWERSthe contractor's license is revoked.
All of the following must be licensed EXCEPT - CORRECT-ANSWERSa
material supplier who advises a contractor.
What is the PRIMARY purpose of licensing? - CORRECT-ANSWERSProtect the
health and welfare of the public.
A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of - CORRECT-ANSWERS$15,000.
A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days? - CORRECT-ANSWERS30 days.
According to the Board Rules and Regulations, which of the following
could be a qualified individual? - CORRECT-ANSWERSAny full-time
employee.
