NASCLA PRACTICE EXAM QUESTIONS WITH COMPLETE SOLUTION
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Course
NASCLA
Institution
NASCLA
A limited partners liability is limited to what amount? correct answer: To the amount they invest in
A contracts license is required for any contract greater than what? correct answer: $30,000
When and where should you display your license? correct answer: At your place of business and it ...
NASCLA PRACTICE EXAM QUESTIONS
WITH COMPLETE SOLUTIONS
A limited partners liability is limited to what amount? correct answer: To the amount they invest in
A contracts license is required for any contract greater than what? correct answer: $30,000
When and where should you display your license? correct answer: At your place of business and it should be displayed at all times
Change of address must be reported within... correct answer: 30
days
When does your contractor license expire? correct answer: December 31st
Is auto liability covered by contractors general liability? correct answer: No
Who pays for workers compensation? correct answer: Employer
If you are a sole proprietor, partnership, or LLC you are required
by law to carry workers compensation if you have more than how many employees? correct answer: More than 3 employees
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