Nascla business law 2025 - Study guides, Class notes & Summaries

NASCLA Business, Law & Project Management Exam Questions and Answers (2024 / 2025) (Verified Answers)

Business, Law & Project Management (NASCLA)- NC General Contractor 8th Edition | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass Be familiar with the elements of a business plan - Answer -1-1 to 1-3. Know the advantages and disadvantages of the different types of business structures - Answer -2-1 to 2-7 A Limited Partners Liability (Partnership) is limited to the amount they invested. A major disadvantage of a General Partnership is ________________________________...

1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 | Questions and Correct Answers 2024/2025 Update 1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bondC. Payment bond D. James bond - Answer -Payment Bond 2. The _____________ method recognizes income when the emp

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...

NASCLA Contractors Guide to business and law Alabama 3rd Edition | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass Sole Proprietorship - Answer -a business owned and managed by a single individual If doing business not under Sole proprietorship you need to file a "doing business as" to? - Answer -Alabama Secretary of State what are the 2 types of partnerships - Answer -1.General 2.Limited Each partner is responsible for the acts of the other p

Business, Law & Project Management (NASCLA)- NC General Contractor 8th Edition | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass Be familiar with the elements of a business plan - Answer -1-1 to 1-3. Know the advantages and disadvantages of the different types of business structures - Answer -2-1 to 2-7 A Limited Partners Liability (Partnership) is limited to the amount they invested. A major disadvantage of a General Partnership is ________________________________...

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....

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...