Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
Depreciation is taken on which of the company's assets?
a. Loans
b. Current assets
c. Fixed assets
d. None of the above - (answer)C ... Explanation: Depreciation is counted from fixed assets.
A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee
unless the employer is registered with and uses a status verification system such as E -Verify to verify
the federal legal working status of any new employee.
a. 5
b. 10
c. 15
d. 1 - (answer)C ... Explanation: A private employer who employs 15 or more people as of July 1, 2010,
may not hire a new employee unless the employer is registered with and uses a status verification
system such as E -Verify to verify the federal legal working status of any new employee.
If a contractor decides to increase the contract price, the contractor:
a. Should get a loan from the bank
b. May request assistance from the subcontractor
c. And the owner must agree to a written and signed change order
d. Should request the building inspector to revise the specifications - (answer)C ... Explanation: A written
and signed change order can allow the contractor to change a contract price.
If a subcontractor signs an unconditional waiver and release, this would imply that a:
a. Subcontractor cannot ask anything more of the owner
b. Owner cannot ask anything more of the subcontractor
c. Subcontractor cannot get anything from the prime
d. Subcontractor cannot ask anything more of the prime - (answer)A ... Explanation: Once the
subcontractor signs an unconditional waiver and release, the subcontractor cannot ask anything more of
the owner.
,Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
Any applicant who has been denied a license to practice on the basis of credentials, or failure to pass a
required examination, may submit a request for agency review to the executive director ____ following
notification of the denial of a license or refusal to renew or reinstate a license.
a. Within 10 days
b. Within 20 days
c. Within 30 days
d. Within 60 days - (answer)5. C ... Explanation: Any applicant who has been denied a license to practice
on the basis of credentials, character, or failure to pass a required examination, or who has been refused
renewal or reinstatement of a license to practice on the basis that the applicant does not meet
qualifications for continued licensure in any occupation or profession under the jurisdiction of the
division may submit a request for agency review to the executive director within 30 days following
notification of the denial of a license or refusal to renew or reinstate a license.
What should a contractor do if after starting a home improvement project the contractor discovers that
the details and specifications do NOT correctly show the existing construction?
a. Stop and work on a correction
b. Stop the job and inform the owner or his agent
c. Continue the work if variations are only minor
d. Stop the job and inform the Building Department - (answer)B ... Explanation: Any details and
specifications are not represented correctly then it is the contractor's duty to inform the owner or his
agent.
Keeping good accounting records is important for:
a. Maintaining financial statements
b. Obtaining financing
c. Effective management
d. All of the above - (answer)D ... Explanation: Effective management, maintaining financial statements
and obtaining proper financing are all the result of keeping good accounting records.
,Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
8. The promise by a party called the guarantor to make good the mistake, debt, or default of another
party found in the construction contract law is called:
a. Surety
b. Guarantee
c. Warrantee
d. Agreement - (answer)B ... Explanation: Guarantee.
9. The plans and specifications of a home improvement project usually describe:
a. Layout sizes
b. Liquidated damages
c. Consent to arbitrate
d. Neighborhood regulations - (answer)9. A ... Explanation: Layout sizes are usually described in plans
and specifications of home improvement projects.
The number of years that an employer must keep records of FUTA and other federal taxes is:
a. 2 years
b. 4 years
c. 6 years
d. 10 years - (answer)B ... Explanation: 4 years is the amount of time an employer must keep records of
FUTA and other federal taxes.
Page: 5-2
What is the term for a detailed compilation of the quantity of each elemental work item?
a. Summary sheet
b. Bid invitation
c. Takeoff
, Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
d. Specification - (answer)C ... Explanation: Estimators use construction blueprints, either manually or
electronically, and start "taking off" quantities of items they will need from those blueprints in order to
prepare part of the estimate.
Page: 6-3
Before beginning work, an employer or contractor must inquire whether asbestos is present in any
building constructed prior to:
a. 1990
b. 1987
c. 1978
d. 1979 - (answer)C ... Explanation: Buildings prior to 1978 may contain asbestos.
Page: 4-5
Important thing to include when advertising for construction work is:
a. The company's complete name style
b. A list of all the owners of the company
c. The contractor's license number
d. The company's address - (answer)C ... Explanation: A contractor's license number should be presented
when advertising for legitimacy purposes.
Which type of specification is most commonly used for public work?
a. Bidder's choice
b. Restricted
c. Closed
d. Open - (answer)D ... Explanation: Open.
Depreciation is taken on which of the company's assets?
a. Loans
b. Current assets
c. Fixed assets
d. None of the above - (answer)C ... Explanation: Depreciation is counted from fixed assets.
A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee
unless the employer is registered with and uses a status verification system such as E -Verify to verify
the federal legal working status of any new employee.
a. 5
b. 10
c. 15
d. 1 - (answer)C ... Explanation: A private employer who employs 15 or more people as of July 1, 2010,
may not hire a new employee unless the employer is registered with and uses a status verification
system such as E -Verify to verify the federal legal working status of any new employee.
If a contractor decides to increase the contract price, the contractor:
a. Should get a loan from the bank
b. May request assistance from the subcontractor
c. And the owner must agree to a written and signed change order
d. Should request the building inspector to revise the specifications - (answer)C ... Explanation: A written
and signed change order can allow the contractor to change a contract price.
If a subcontractor signs an unconditional waiver and release, this would imply that a:
a. Subcontractor cannot ask anything more of the owner
b. Owner cannot ask anything more of the subcontractor
c. Subcontractor cannot get anything from the prime
d. Subcontractor cannot ask anything more of the prime - (answer)A ... Explanation: Once the
subcontractor signs an unconditional waiver and release, the subcontractor cannot ask anything more of
the owner.
,Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
Any applicant who has been denied a license to practice on the basis of credentials, or failure to pass a
required examination, may submit a request for agency review to the executive director ____ following
notification of the denial of a license or refusal to renew or reinstate a license.
a. Within 10 days
b. Within 20 days
c. Within 30 days
d. Within 60 days - (answer)5. C ... Explanation: Any applicant who has been denied a license to practice
on the basis of credentials, character, or failure to pass a required examination, or who has been refused
renewal or reinstatement of a license to practice on the basis that the applicant does not meet
qualifications for continued licensure in any occupation or profession under the jurisdiction of the
division may submit a request for agency review to the executive director within 30 days following
notification of the denial of a license or refusal to renew or reinstate a license.
What should a contractor do if after starting a home improvement project the contractor discovers that
the details and specifications do NOT correctly show the existing construction?
a. Stop and work on a correction
b. Stop the job and inform the owner or his agent
c. Continue the work if variations are only minor
d. Stop the job and inform the Building Department - (answer)B ... Explanation: Any details and
specifications are not represented correctly then it is the contractor's duty to inform the owner or his
agent.
Keeping good accounting records is important for:
a. Maintaining financial statements
b. Obtaining financing
c. Effective management
d. All of the above - (answer)D ... Explanation: Effective management, maintaining financial statements
and obtaining proper financing are all the result of keeping good accounting records.
,Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
8. The promise by a party called the guarantor to make good the mistake, debt, or default of another
party found in the construction contract law is called:
a. Surety
b. Guarantee
c. Warrantee
d. Agreement - (answer)B ... Explanation: Guarantee.
9. The plans and specifications of a home improvement project usually describe:
a. Layout sizes
b. Liquidated damages
c. Consent to arbitrate
d. Neighborhood regulations - (answer)9. A ... Explanation: Layout sizes are usually described in plans
and specifications of home improvement projects.
The number of years that an employer must keep records of FUTA and other federal taxes is:
a. 2 years
b. 4 years
c. 6 years
d. 10 years - (answer)B ... Explanation: 4 years is the amount of time an employer must keep records of
FUTA and other federal taxes.
Page: 5-2
What is the term for a detailed compilation of the quantity of each elemental work item?
a. Summary sheet
b. Bid invitation
c. Takeoff
, Utah Notary LATEST 2025 EXAM WITH QUESTIONS AND VERIFIED ANSWERS
d. Specification - (answer)C ... Explanation: Estimators use construction blueprints, either manually or
electronically, and start "taking off" quantities of items they will need from those blueprints in order to
prepare part of the estimate.
Page: 6-3
Before beginning work, an employer or contractor must inquire whether asbestos is present in any
building constructed prior to:
a. 1990
b. 1987
c. 1978
d. 1979 - (answer)C ... Explanation: Buildings prior to 1978 may contain asbestos.
Page: 4-5
Important thing to include when advertising for construction work is:
a. The company's complete name style
b. A list of all the owners of the company
c. The contractor's license number
d. The company's address - (answer)C ... Explanation: A contractor's license number should be presented
when advertising for legitimacy purposes.
Which type of specification is most commonly used for public work?
a. Bidder's choice
b. Restricted
c. Closed
d. Open - (answer)D ... Explanation: Open.
