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Contractors Guide NASCLA 2024 Exam Review Questions and Answers 100% Pass | Graded A+
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- Louisiana State University
Contractors Guide NASCLA 2024 Exam Review Questions and Answers 100% Pass | Graded A+
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Contractors Guide NASCLA 2024 ExamReview Questions and Answers 100%
Pass | Graded A+
David Mungai [Date] [Course title]
, Contractors Guide NASCLA 2024 Exam
Review Questions and Answers 100%
Pass | Graded A+
market analysis - Answer>> major competitors
Financial Plan - Answer>> projection
Advantage of a Sole Proprietorship - Answer>> Freedom in
decision-making process
Disadvantage of a Sole Proprietorship - Answer>> Unlimited
personal liability
Partnership - Answer>> each partner expects to share in the
profits and losses of the business.
Two types of partnerships- General and limited
Disadvantages of a General Partnership - Answer>> Unlimited
personal liability of general partners.
Partnership dissolves in the event of the death of a general
partner.
Purpose of Licensing - Answer>> A major purpose of licensing
is to protect the health, safety, and welfare of the public
VA Board for Contractors - Answer>> 7 licensed contractor
members
Licensing Requirements: Exemptions - Answer>> Any
material supplier
Class A - Answer>> Single contract - $120,000 or more
12-month - $750,000 or more
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