100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Louisiana Contractor's License Exam Study Guide with Complete Solutions $11.49   Add to cart

Exam (elaborations)

Louisiana Contractor's License Exam Study Guide with Complete Solutions

 7 views  0 purchase
  • Course
  • Contractors License
  • Institution
  • Contractors License

Louisiana Contractor's License Exam Study Guide with Complete Solutions Cover Page - Answer️️ -contains contact info and a confidentiality statement Abatement/Mold Remediation License - Answer️️ -requires a 4 hour course in "unfair trade practices and consumer protection law". If an em...

[Show more]

Preview 4 out of 31  pages

  • August 30, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Contractors License
  • Contractors License
avatar-seller
OliviaWest
©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM




Louisiana Contractor's License Exam
Study Guide with Complete Solutions

Cover Page - Answer✔️✔️-contains contact info and a confidentiality statement


Abatement/Mold Remediation License - Answer✔️✔️-requires a 4 hour course in

"unfair trade practices and consumer protection law".

If an employee requests their W2 from an employer after final wages are paid... -

Answer✔️✔️-The employer has 30 days to fulfill their request


OSHA requires employer's to post an annual summary of injuries and illnesses. -

Answer✔️✔️-No later than February 1st of each year.


OSHA Form 300 must be kept for a period of... - Answer✔️✔️-5 years after which

the form pertains.


Occupational License Taxes are required by... - Answer✔️✔️-Cities and Parishes


executive summary - Answer✔️✔️-includes highlights of the business plan and is

meant to gain interest of the reader




1

,©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


Company Summary - Answer✔️✔️-the company vision and mission, legal structure,

management personnel, business location, and facilities


Products and Services - Answer✔️✔️-your specific products, primary subcontractors

and suppliers, and expansion opportunities


Market Analysis - Answer✔️✔️-your target market, trends and major competitors

are defined here


Market Strategy - Answer✔️✔️-the uniqueness of your product along with your

pricing, advertising, and promotional strategy


Financial Plan - Answer✔️✔️-Financial statements, balance sheet, income statement,

and cash flow statement


Sole Proprietorship - Answer✔️✔️-a business owned and managed by a single

individual


Partnership - Answer✔️✔️-A business in which two or more persons combine their

assets and skills


Limited Liability Corporation - Answer✔️✔️-a type of business with limited liability

for the owners, with the advantage of not paying corporate income tax




2

,©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


C Corporation - Answer✔️✔️-The most common type of corporation, which is a

legal business entity that offers limited liability to all of its owners, who are called

stockholders


S corporation - Answer✔️✔️-a form of corporation that avoids double taxation by

passing items of income, loss, deduction, and credits through to its shareholders


Joint Venture - Answer✔️✔️-an agreement between two or more companies to share

a business project


business License - Answer✔️✔️-protects the public from unqualified, inexperienced,

incompetent or unethical contractors


Licensing Authorities - Answer✔️✔️-conduct investigations and discipline problem

contractors, levee fines, and even revoke licenses


Louisiana Licensing Board - Answer✔️✔️-15 members appointed by the governor

and represent each voting district.


Commercial Contract - Answer✔️✔️-license is required for $50,000 or more


Electrical and/or Mechanical Contract - Answer✔️✔️-License is required for

$10,000 or more


Residential Contract - Answer✔️✔️-license is required for $75,000 or more



3

, ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


Abatement contract - Answer✔️✔️-license is required for $1 or more


Home remodel contract - Answer✔️✔️-License required for $7,500 or more


Commercial Project - Answer✔️✔️-any project other than residential


Multi-Resident Contracts - Answer✔️✔️-considered to be a commercial project if in

the same subdivision


Exempt from licensing - Answer✔️✔️-property owners who build for their own use,

donated labor, public utilities, equipment repair, mobile home builders


Penalties for working without a business license - Answer✔️✔️-$500 per day of the

violation, up to 3 months in jail, or both.


Qualifying Party - Answer✔️✔️-The person who will hold the business license.


30 days - Answer✔️✔️-the amount of time you have to notify the board about a

termination of a qualifying party


60 days - Answer✔️✔️-the amount of time you have to replace a qualifying party


Licensing Renewals - Answer✔️✔️-must be submitted 30 days prior to the

anniversary date they were issued




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart