Utah contractor business - Study guides, Class notes & Summaries
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Contractors Business Law Exam Questions and Answers, Latest Updated 2024/2025 (GRADED A+)
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If an employer's Federal Payroll Tax liability is $1000 how may they pay 
taxes? 
(Ans- quarterly 
How many employees does it take for the Fair Labor Act to be applied? 
(Ans- 1 
What accounting method records income when the service occurs and 
expense when they are incurred? 
(Ans- Accrual Method 
What do the General Conditions of a contract do? 
(Ans- Outline roles of the owner, architect, and engineer. 
You are purchasing an insurance policy with a monthly premium of $300. If 
you implement...
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Utah Real Estate Exam Law Questions and Answers 100% Solved
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Utah Real Estate Exam Law Questions 
 
and Answers 100% Solved 
 
Where should a broker keep sales agents' licenses? Broker's file 
 
What happens to sales agents' licenses when the broker's license is revoked? Their license is 
inactivated 
 
How does the broker get back in the business if his/her license is revoked? Must start over 
with sales agent license, after waiting five years 
 
What is the main purpose of the continuing education? To protect the public 
 
What is a double contract ...
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Utah General Contractor's Course - Business and Law Exam Prep Questions and Answers (100% Pass)
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Utah General Contractor's Course - Business and Law 
Exam Prep Questions and Answers (100% Pass) 
Which business organization is regulated the least by the government? - 
Answer️️ -Sole Proprietorship 
In a general partnership, each partner is liable for the debt of the company up to the 
percentage of the company they own. - Answer️️ -false 
What business organization provides the most financial protection for the owners? 
- Answer️️ -Corporation 
Sole Proprietorships can issue and...
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Contractors Business/Law Exam Practice Questions and Answers
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Contractors Business/Law Exam Practice 
Questions and Answers 
If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - 
Answer️️ -quarterly 
How many employees does it take for the Fair Labor Act to be applied? - 
Answer️️ -1 
What accounting method records income when the service occurs and expense 
when they are incurred? - Answer️️ -Accrual Method 
What do the General Conditions of a contract do? - Answer️️ -Outline roles of 
the owner, architect, an...
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Utah Law: Stringham Schools State Test Prep Worksheet (Graded A+ actual test)
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A licensee has ________ _______ to notify the division in a signed statement of a felony, misdemeanors 
involving moral turpitude ---- this is not a DUI - 10 Business days 
A ___________ involving fraud, misrepresentation, theft, or dishonesty that resulted in a convistion or 
incarceration with in __________ years preceding the date of the application warrants an __________ 
denial of licensure. - Misadaminor, 3 Years, Attomatic 
1 of the 9 supporting services situation/people who do not need a...
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Utah General Contractor's Course - Business and Law Exam Questions With 100% Correct Answers | Verified | Updated 2024
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Utah General Contractor's Course - 
Business and Law Exam Questions With 
100% Correct Answers | Verified | Updated 
2024 
Which business organization is regulated the least by the government? - answerSole 
Proprietorship 
In a general partnership, each partner is liable for the debt of the company up to the 
percentage of the company they own. - answerfalse 
What business organization provides the most financial protection for the owners? - 
answerCorporation 
Sole Proprietorships can issue an...
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Utah Property-Property and Casualty Basics Exam Questions With 100% Verified Answers.
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Utah Property-Property and Casualty Basics 
Exam Questions With 100% Verified 
Answers. 
Which of the following is a property policy with a provision agreed upon by the insurer and 
insured as to the amount of insurance that represents a fair valuation for the property at the time 
the insurance is written and suspends any coinsurance or other contribution clauses in the policy? 
a) Market value b) Agreed value c) Replacement cost d) Stated amount. - answerB 
With regard to fire insurance premiu...
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Utah Property & Casualty Producer's Practice Exam Questions & Answers
- Exam (elaborations) • 24 pages • 2023
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If a nonresident applies for a Utah insurance license, the commissioner shall waive the license requirements for a license and issue the person a nonresident license if the nonresident applicant has met certain requirements. These requirements include all of the following EXCEPT - Answer Has passed the Utah insurance exam 
 
Which of the following is most likely to be paid by Ernie's Electric Guitar Shop's CGL Coverage C - Medical Payments? - Answer A customer fell and broke his wrist after he...
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AIC EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
- Exam (elaborations) • 130 pages • 2024
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1 
AIC EXAM | QUESTIONS & ANSWERS 
(VERIFIED) | LATEST UPDATE | GRADED 
A+ 
. What percentage of conversations do 
listeners remember of what they hear? 
A. 10% 
B. 30% 
C. 50% 
D. 90% 
Correct Answer: 10% 
What percentage of conversations do 
speakers remember of what they say and 
do? 
A. 30% 
B. 50% 
C. 70% 
D. 90% 
Correct Answer: 90% 
2 
When giving presentations, people should do 
which of the following? 
A. present extra information beyond their 
primary goal to demonstrate their 
expe...
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WGU C233 Employment Law Exam Questions with 100% correct answers 2024, With Complete Solution.
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WGU C233 Employment Law Exam Questions with 100% correct answers 2024, With Complete Solution. 
 
Supremacy Clause 
The Constitution mandates that the Constitution, federal law, treaties, and federal regulations are the highest laws of the land and have priority over state law 
Independent Contractor 
the employer is not subject to wage and hour laws, anti-discrimination laws, federal employee tax withholdings, or vicarious liability law. the IRS has a keen interest in ensuring employers are not...
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