Owner Builder Practice Test 3 | 125 Complete
Questions and Answers 100% Correct
a licensed contractor is obtaining a permit on a $1,000 job for a friend for whom
he is going to do the work. the contractor checks the owner-builder box on the
permit. which of the following statements is most correct - ANSWER the
contractor cannot check the owner-builder box because the owner contracted for
the improvement
how is a complaint from a customer handled - ANSWER try to take care of the
complaint immediately
a contractor has advertised a job which requires heavy lifting as a job
requirement. a person 41 years old applies, but he can not do any heavy lifting;
the contractor - ANSWER does not have to hire him since he does not meet his
requirements
if the owner supplies the plans and the contractor finds the measurements shown
do not synchronize with the plans, what should the contractor do - ANSWER
notify the owner or the person who drew the plans
a home improvement contract that is solicited by a home improvement
salesperson may be canceled by the owner up to ___ after the date of the
transaction - ANSWER midnight (72 hrs) of the third business day
why is it good practice for employers to keep employees time cards up to 1 year or
more - ANSWER to substantiate the employers payroll in case of controversy or
audit
,how does the contractor estimate how much time a job will take - ANSWER
from previous experience
a contractor does not have to have workers compensation if - ANSWER he has
no employees
when is an engineer necessary for a home improvement job - ANSWER when a
building official requires that documents be prepared by an engineer, he may also
required an engineer to be on site
when should a time card be filled out - ANSWER daily
when figuring an estimate for bidding on a job, the net profit to be made on the
job is calculated by - ANSWER totaling all direct costs, expenses and federal
taxes and then deducting this figure from the total revenue (or sale of residences)
where should payment specifications be given - ANSWER in the contract
the typical construction company, inc. encounters a situation that forces the
company to consider the conversation of its assets into cash. it must, therefore,
review its - ANSWER liquidity
owners equity in a construction company is referred to as - ANSWER net worth
, a form I-9 must be filled out by which of the following employees - ANSWER
every employee
a prime contractor has determined that it would be best to use a subcontractor
for plumbing work on a job. how would he figure the amount to add for this work
- ANSWER he should get a firm bid from the subcontractor
if the contractor submits the lowest bid, which of the following would be the
reason for not being awarded the contract - ANSWER his capabilities and
reputation are not satisfactory
when does the owner pay for materials, if the contract states that the owner will
pay - ANSWER before or upon the date shown in the terms of the invoice
all building and facilities must be accessible to handicapped persons if -
ANSWER such building or facility is intended for public use
such building or facility is 50% leased (for two or more years) by a public agency
such building or facility is a sidewalk, curb or related facility
braille symbols and marked arabic numerals on all new door casings on elevator
floors shall be located approximately how many inches above the floor -
ANSWER 60
who is responsible for the enforcement of access regulations - ANSWER the
governing bodies of counties, municipalities or other political subdivisions
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