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General Contractor-s License Exam questions with correct answers.
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General Contractor-s License Exam questions with correct answers.
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General Contractor's License Examquestions with correct answers
Minnesota |requires |that |all |builders |continue |their |education |by |attending |7 |hours |of |
classroom |study |per |year, |with |at |least |1 |hour |dedicated |to: |- |ANSWERS✔✔ |Energy |efficiency
It |is |a |law |that |you |must |notify, |in |writing, |if |you |change |your |business |name |or |your |address |
where |you |conduct |business, |within |- |ANSWERS✔✔ |15 |days
Penalties |for |violation |of |laws |relating |to |the |residential |building |industry |include |- |
ANSWERS✔✔ |1. |Civil |penalties |up |to |$10,000, |per |violation |
2. |Denial |of |a |license |at |application |or |renewal
3. |License |suspension |up |to |2 |years |or |license |revoked |at |least |2 |years
4. |Void |of |lien |rights
***5. |All |of |the |above
A |person |can |be |a |qualifying |person |for |two |corporations |if |at |least |25% |of |each |corporation |
has |common |ownership, |or |the |second |corporation |is |a |subsidiary |of |the |parent |corporation |
with |at |least |25% |owned |by |the |parent |- |ANSWERS✔✔ |True
A |company |has |__________ |days |from |the |departure |of |a |qualifying |licensee |to |obtain |a |new |
qualifying |person. |- |ANSWERS✔✔ |120
By |law, |you |must |display |the |license |number |on |all |building |permits, |applications, |business |
cards, |contracts, |lien |claims |and |display |advertising. |- |ANSWERS✔✔ |True
It |is |the |responsibility |of |the |subcontractors |to |comply |with |the |state |building |code. |- |
ANSWERS✔✔ |False
,A |person |required |to |be |licensed, |who |performs |unlicensed |work, |is |guilty |of |a |misdemeanor.
|- |ANSWERS✔✔ |True
A |person |required |to |be |licensed, |who |violates |an |order |from |the |Commissioner, |is |guilty |of |a |
gross |misdemeanor. |- |ANSWERS✔✔ |True
An |unlicensed |person |cannot |exercise |lien |rights |in |the |State |of |Minnesota. |If |a |lien |is |placed, |
the |state |will |consider |it: |- |ANSWERS✔✔ |Void
A |person |who |fails |to |apply |for |renewal |by |March |31st |is |considered |licensed |for |30 |days, |or |
until |the |new |license |is |issued |by |the |Commissioner. |- |ANSWERS✔✔ |False
By |law, |a |political |subdivision |that |issues |building |permits |on |zoning |or |land |use |permits, |
shall |report |all |unlicensed |persons |required |by |law |to |be |licensed, |when |they |apply |for |a |
permit. |- |ANSWERS✔✔ |True
Who |is |responsible |for |determining |who |is |qualified |to |be |licensed |by |the |State |of |Minnesota?
|- |ANSWERS✔✔ |Department |of |Labor |and |Industry
Under |whose |authority |is |the |Department |of |Labor |and |Industry |given |the |responsibility |to |
determine |who |is |qualified |to |become |licensed? |- |ANSWERS✔✔ |Commissioner |of |the |
Department
Anyone |in |the |business |of |building |residential |real |estate, |or |who |contracts |or |offers |to |
improve |residential |real |estate, |must |be |licensed, |unless |yearly |gross |receipts |are |less |than |
$15,000 |and |they |have |received |a |Certificate |of |Exemption |from |the |Department |of |
Commerce. |- |ANSWERS✔✔ |True
What |is |the |primary |reason |Minnesota |requires |contractors |to |be |licensed? |- |ANSWERS✔✔ |
To |protect |public |health, |safety |and |welfare
, A |contractor |is |required |to |be |licensed |if |his |gross |annual |receipts |exceed: |- |ANSWERS✔✔ |
$15,000
The |maximum |payment |per |claim |paid |out |of |the |Contractor |Recovery |Fund |is: |- |
ANSWERS✔✔ |$75,000
The |maximum |payment |per |licensee |out |of |the |Contractor |Recovery |Fund |is: |- |
ANSWERS✔✔ |$150,000
Chapter |326 |of |the |Minnesota |Statutes |requires |who |to |hold |a |contractor |license? |- |
ANSWERS✔✔ |Any |person |who |uses |two |or |more |special |skills |to |improve |residential |real |
estate
What |is |the |TOTAL |new |license |fee |for |a |licensee |who |has |gross |annual |receipts |for |the |
previous |year |of |$2,487,250.00? |- |ANSWERS✔✔ |$770
All |of |the |following |are |requirements |for |license |application, |except: |- |ANSWERS✔✔ |1. |
Public |Liability |Insurance
2. |Workers |Compensation |Insurance
3. |Unemployment |Insurance |account |number
****4. |Birth |Certificate
According |to |state |law, |if |a |person |is |a |second |owner |of |a |residence, |all |statutory |warranties |
will |continue |until |they |expire |- |ANSWERS✔✔ |True
It |is |a |requirement, |by |law, |to |publish |in |all |advertising |and |official |documents: |- |
ANSWERS✔✔ |Contractor's |License |number
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