MHIC STUDY GUIDE EXAM-REAL
ACTUAL EXAM-LATEST UPDATE
2025-COMPLETE QUESTIONS WITH
DETAILED ANSWERS!! GUARANTEED
PASS!! ALREADY GRADED A+
/. Who is responsible for the fine in the event someone breaks MHIC rules/regs? The
company/corporation or the license holder. - Answer-✅The license holder/person (not
corporation)
/.What is the total cost of a HI - Answer-✅Interest + Cost + Service Fee
/.# of employees before OSHA action plan NeedeD? - Answer-✅10
/.What does an OSHA Action Plan Include? - Answer-✅- reporting fire or other
emergency
- Emergency Evacuation Plan
- Employees who remain for critical operations before evacuating
- Accounting for all employees after evacuation
- Employees performing recue or medical duites
- Name/Job title of plan administrator
/.OSHA recordkeeping # of employees and what kinds of forms? - Answer-✅>10
employees
- OSHA 300A
- OSHA 300
- OSHA 301
/.How long does employee need to keep OSHA records? - Answer-✅minimum 5 years
Exposure/medical records for 30 years
/.How long to report a fatality/hospitalization to OSHA? - Answer-✅8 hours
OR 8 hours from death due to incident (within 30 days of it)
/.What must salesperson do to work for two contractors? - Answer-✅Notify both
contractors working for two
(does not need an agreement with the 1st)
, /.Individuals working with an expired license are considered working with an inactive
license. True or False - Answer-✅False, they are working WITHOUT a license
/.Employees have to pay how much % to their worker's comp insurance? - Answer-
✅0%
/.Max fine for willful OSHA violation? - Answer-✅$70,000 BUT $5,000 per incident
minimum
/.Fine for a repeat OSHA violation? - Answer-✅$70,000
/.How much for most OSHA violations? - Answer-✅$7,000
/.Penalty for failing to report a newly hired employee? - Answer-✅$20 or $500 for each
& every offense
/.Arbitration Clause Must include: - Answer-✅- Name of person or org that will conduct
arbitration
- Whether any mandatory fees will be charged to arbitration parties
- Disclosure that a claim against guaranty fund will be stayed (suspended)til completion
of mandatory arbitration completion
/.Salesperon shall provide to the commission: - Answer-✅- written notice of
appointment or employment signed by both licensed contractor & salesperson
- Copy of notification by mail to each contractor and evidence of receipt
/.Contractor must notify commission when: - Answer-✅Address changes
Salesperson comes OR goes
/.Person guilty of acting as a contractor or salesperson WITHOUT a license will be: -
Answer-✅Incarcerated for up to 6 months, fined up to $1,000
Each additional conviction incarcerated for up to 2years, fined $5,000
/.MHIC License Application Fee - Answer-✅$250 for each place of business or
contractor
/.Salesperson License Application fee - Answer-✅$100
/.Processing fee for applications - Answer-✅$20
/.Renewal Fee for contractor/sales license - Answer-✅Contractor: $250
Salesperson: $100
ACTUAL EXAM-LATEST UPDATE
2025-COMPLETE QUESTIONS WITH
DETAILED ANSWERS!! GUARANTEED
PASS!! ALREADY GRADED A+
/. Who is responsible for the fine in the event someone breaks MHIC rules/regs? The
company/corporation or the license holder. - Answer-✅The license holder/person (not
corporation)
/.What is the total cost of a HI - Answer-✅Interest + Cost + Service Fee
/.# of employees before OSHA action plan NeedeD? - Answer-✅10
/.What does an OSHA Action Plan Include? - Answer-✅- reporting fire or other
emergency
- Emergency Evacuation Plan
- Employees who remain for critical operations before evacuating
- Accounting for all employees after evacuation
- Employees performing recue or medical duites
- Name/Job title of plan administrator
/.OSHA recordkeeping # of employees and what kinds of forms? - Answer-✅>10
employees
- OSHA 300A
- OSHA 300
- OSHA 301
/.How long does employee need to keep OSHA records? - Answer-✅minimum 5 years
Exposure/medical records for 30 years
/.How long to report a fatality/hospitalization to OSHA? - Answer-✅8 hours
OR 8 hours from death due to incident (within 30 days of it)
/.What must salesperson do to work for two contractors? - Answer-✅Notify both
contractors working for two
(does not need an agreement with the 1st)
, /.Individuals working with an expired license are considered working with an inactive
license. True or False - Answer-✅False, they are working WITHOUT a license
/.Employees have to pay how much % to their worker's comp insurance? - Answer-
✅0%
/.Max fine for willful OSHA violation? - Answer-✅$70,000 BUT $5,000 per incident
minimum
/.Fine for a repeat OSHA violation? - Answer-✅$70,000
/.How much for most OSHA violations? - Answer-✅$7,000
/.Penalty for failing to report a newly hired employee? - Answer-✅$20 or $500 for each
& every offense
/.Arbitration Clause Must include: - Answer-✅- Name of person or org that will conduct
arbitration
- Whether any mandatory fees will be charged to arbitration parties
- Disclosure that a claim against guaranty fund will be stayed (suspended)til completion
of mandatory arbitration completion
/.Salesperon shall provide to the commission: - Answer-✅- written notice of
appointment or employment signed by both licensed contractor & salesperson
- Copy of notification by mail to each contractor and evidence of receipt
/.Contractor must notify commission when: - Answer-✅Address changes
Salesperson comes OR goes
/.Person guilty of acting as a contractor or salesperson WITHOUT a license will be: -
Answer-✅Incarcerated for up to 6 months, fined up to $1,000
Each additional conviction incarcerated for up to 2years, fined $5,000
/.MHIC License Application Fee - Answer-✅$250 for each place of business or
contractor
/.Salesperson License Application fee - Answer-✅$100
/.Processing fee for applications - Answer-✅$20
/.Renewal Fee for contractor/sales license - Answer-✅Contractor: $250
Salesperson: $100
