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FLORIDA GENERAL CONTRACTOR-CERTIFIED
GENERAL CONTRACTOR (CGC) -CONTRACT
ADMINISTRATION EXAM ALL 250 QUESTIONS
AND CORRECT VERIFIED ANSWERS LATEST
UPDATE JUST RELEASED THIS YEAR
EXAM COVER PAGE
Course; florida general contractor-certified general contractor (CGC) -contract administration
exam
Edition/Year: 2026-2027 Edition
Exam Type: Multiple Choice Questions (MCQs) with Rationales
Number of Questions: 250
1. What makes a contract legally enforceable?
A. Verbal agreement only
B. Offer, acceptance, consideration
C. Signature only
D. Payment only
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Answer: B
Rationale: A valid contract requires offer, acceptance, and consideration—the core legal
elements.
2. What is consideration in a contract?
A. A written clause
B. Something of value exchanged
C. A penalty
D. A schedule
Answer: B
Rationale: Consideration is the value exchanged between parties (money, services, etc.).
3. A contract requiring written form under law falls under:
A. Tort law
B. Statute of frauds
C. Arbitration law
D. Lien law
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Answer: B
Rationale: The statute of frauds requires certain contracts (like construction agreements) to be
in writing.
4. A material breach is:
A. Minor issue
B. Partial delay
C. Major failure affecting contract purpose
D. Clerical error
Answer: C
Rationale: A material breach undermines the entire contract, allowing termination or damages.
5. Liquidated damages are:
A. Punishments
B. Pre-agreed damages for delay
C. Court fines
D. Insurance fees
Answer: B
Rationale: These are pre-determined damages, often for delays, enforceable if reasonable.
3
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6. “Time is of the essence” means:
A. Work must be fast
B. Deadlines are legally critical
C. Time is flexible
D. No schedule needed
Answer: B
Rationale: Missing deadlines becomes a material breach.
7. A unilateral contract involves:
A. Two promises
B. One promise for an act
C. No agreement
D. Written only
Answer: B
Rationale: One party promises something in exchange for performance.
8. A bilateral contract involves:
4
SUCCESS!
FLORIDA GENERAL CONTRACTOR-CERTIFIED
GENERAL CONTRACTOR (CGC) -CONTRACT
ADMINISTRATION EXAM ALL 250 QUESTIONS
AND CORRECT VERIFIED ANSWERS LATEST
UPDATE JUST RELEASED THIS YEAR
EXAM COVER PAGE
Course; florida general contractor-certified general contractor (CGC) -contract administration
exam
Edition/Year: 2026-2027 Edition
Exam Type: Multiple Choice Questions (MCQs) with Rationales
Number of Questions: 250
1. What makes a contract legally enforceable?
A. Verbal agreement only
B. Offer, acceptance, consideration
C. Signature only
D. Payment only
1
SUCCESS!
,Page 2 of 104
Answer: B
Rationale: A valid contract requires offer, acceptance, and consideration—the core legal
elements.
2. What is consideration in a contract?
A. A written clause
B. Something of value exchanged
C. A penalty
D. A schedule
Answer: B
Rationale: Consideration is the value exchanged between parties (money, services, etc.).
3. A contract requiring written form under law falls under:
A. Tort law
B. Statute of frauds
C. Arbitration law
D. Lien law
2
SUCCESS!
,Page 3 of 104
Answer: B
Rationale: The statute of frauds requires certain contracts (like construction agreements) to be
in writing.
4. A material breach is:
A. Minor issue
B. Partial delay
C. Major failure affecting contract purpose
D. Clerical error
Answer: C
Rationale: A material breach undermines the entire contract, allowing termination or damages.
5. Liquidated damages are:
A. Punishments
B. Pre-agreed damages for delay
C. Court fines
D. Insurance fees
Answer: B
Rationale: These are pre-determined damages, often for delays, enforceable if reasonable.
3
SUCCESS!
, Page 4 of 104
6. “Time is of the essence” means:
A. Work must be fast
B. Deadlines are legally critical
C. Time is flexible
D. No schedule needed
Answer: B
Rationale: Missing deadlines becomes a material breach.
7. A unilateral contract involves:
A. Two promises
B. One promise for an act
C. No agreement
D. Written only
Answer: B
Rationale: One party promises something in exchange for performance.
8. A bilateral contract involves:
4
SUCCESS!
