Naslca Virginia Exam Practice (178 Questions) With
100% Correct and Verified Answers.
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class
of license? - ✔✔✔- $500 fine per day for each day of violation plus penalties for a
misdemeanor.
All Class A contractor licensure applications MUST include - ✔✔✔- information on the
knowledge, skills, and abilities of the applicant.
What is the PRIMARY purpose of licensing? - ✔✔✔- Protect the health and welfare of the
public.
When a claimant is paid funds from the Contractors Recovery Trust Fund - ✔✔✔- the
contractor's license is revoked. !!!
The application for licensure MUST include - ✔✔✔- the business address of the proposed
designated employee.
Which of the following is a requirement for a joint venture? - ✔✔✔- Either the joint venture or
each contracting party of the joint venture must be licensed.
All of the following must be licensed EXCEPT - ✔✔✔- a material supplier who advises a
contractor.
How much is the Class A initial license fee? - ✔✔✔- $200
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A licensee's name change MUST be reported to the Board within a MAXIMUM of how many
days? - ✔✔✔- 30 days
According to the Board Rules and Regulations, a full-time employee is one who works a
MINIMUM of how many hours per week? - ✔✔✔- 30 hours.
A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of -
✔✔✔- $15,000.
According to the Board Rules and Regulations, which of the following could be a qualified
individual? - ✔✔✔- Any full-time employee.
An appeal of the local building official's decision to refuse to grant a modification to the USBC
MUST be made to the local building board within a MAXIMUM of how many days? - ✔✔✔- 90
days.
A building official MUST issue a certificate of occupancy for a building that meets all the
requirements for a certificate within a MAXIMUM of how many working days after the certificate
was requested? - ✔✔✔- 5
Additions to buildings MUST comply with - ✔✔✔- the current code for new construction.
When MUST the work be stopped following the issuance of a stop work order? - ✔✔✔-
Immediately
Who is to be in charge of a local building department? - ✔✔✔- Building official.
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Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee
within a MINIMUM of how many days from when the assessment fee notice was mailed? -
✔✔✔- 45 days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance
is less than - ✔✔✔- $400,000.
Payments made by the Transaction Recovery Fund to claimants may include an amount for -
✔✔✔- attorneys' fees.
A contract for which of the following types of structures may be subject to recovery from the
Transaction Recovery Fund? - ✔✔✔- Residential only.
A verified claim for payment from the Transaction Recovery Fund MUST occur within a
MAXIMUM of what period of time from the date the claimant was awarded a final judgment? -
✔✔✔- 12 months.
An appeal of a final decision of a county on an erosion control plan MUST be filed within a
MAXIMUM of how many days? - ✔✔✔- 30 days.
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of
how many days after the final site stabilization? - ✔✔✔- 30 days.
Which of the following statements about a sole proprietorship is TRUE? - ✔✔✔- The business,
or any part of it, can be sold, altered, or exchanged at will.
What type of business organization allows people to share financial resources? - ✔✔✔-
Partnership.
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