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MHIC Exam Graded A+ 2024
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MHIC Exam Graded A+ 2024
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MHIC Exam Graded A+ 2024A contract was signed by the contractor on Friday at 5pm, but the hometown wishes to
cancel the contract. When can the contractor be canceled? - ANSWER-Until Sunday at
12am
A contractor have been accepted by the homeowner in the amount of $9,500. What is
the amount that the contractor can accept inicial payment? - ANSWER-$3,166.67
A contractor license authorizes the use of what type of license? - ANSWER-Contractor,
subcontractor and to sale a home improvement contract
A foreman/supervisor is working at the site of a project, and sees that the plans of the
contract can change to finish earlier. Wha must he do now? - ANSWER-Do not change
the plans, only the contractor can change the plans
A mold remediation is completed by the residential owner. The area is more then 10 sqt.
Does the homeowner need a mold remediation license? - ANSWER-True
A person who's violets a contractor license is subject to a fine of $2.000 and 6 months in
jail - ANSWER-False
An applicant for a contractor license shall have a minimum of how many experience? -
ANSWER-2 years
Commission consist of how many members? - ANSWER-7
Debit limitation means when a contractor cannot make a promissory note, arrange or
prepare a greater monetary obligation then the ordinary agreed - ANSWER-True
Do you have to provide a credit score to apply for a contractors license? - ANSWER-
True
For sale a home improvement contract, Jenny Smith receives a compensation from the
homeowner for being through and given her a good deal on the contract. Wha must
Jenny do? - ANSWER-She may not accept the gift
If an applicant has a previous felony can the commission still grant him a contractors
license? - ANSWER-True
If you are conducting home improvement without a license on the first offense, what is
the penalty? - ANSWER-$1.000 fine, and not exceeding 6 months in prison.
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