Nascla business law 2024 - Study guides, Class notes & Summaries

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NASCLA |Contractors Guide to Business, Law and Project Management Questions with complete solutions (Graded A) |Latest 2024/2025

NASCLA BUSINESS LAW | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass sole proprietor - Answer -A form of business ownership is least regulated partnership - Answer -Under which form of business organization are all investors fully liable for all debts of the business. S corporation - Answer -owner who is looking for maximum protection from personal liability leaving something out - Answer -worst possible error in estimating source documents - Answer -the paperwork...

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1 Exam Prep NASCLA Contractors Guide to Business, Law and Project Management, Florida, Practice Test 1 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) pg. 2 professoraxe l A. Accrual B....

Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corpora...

The _____ method recognizes income when the employer has done the work but has not received the income. A. Accrual B. Appreciation C. Depreciation D. Cash - Correct Answer-A. Accrual 13-7 A _____ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - Correct Answer-D. Unit price method NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded pg. 2 profe...

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass The _____ method recognizes income when the employer has done the work but has not received the income. A. Accrual B. Appreciation C. Depreciation D. Cash - Answer -A. Accrual 13-7 A _____ bundles all cost factors for entire task.A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - Answer -D. Unit price method 6-7 ___...