Utah contractor Study guides, Class notes & Summaries

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...

If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - quarterly How many employees does it take for the Fair Labor Act to be applied? - 1 What accounting method records income when the service occurs and expense when they are incurred? - Accrual Method What do the General Conditions of a contract do? - Outline roles of the owner, architect, and engineer. You are purchasing an insurance policy with a monthly premium of $300. If you implement a ...

Utah Real Estate: Real Estate Acts A pg. 4-1 Graded A+ Common Areas Land or improvements in a condominium development designated for the use and benefit of all residents, property owners, and tenants. Condominium Real property that consists of the air space of the unit and an undivided interest in the development's common area(s). Condominium Ownership Act Each unit owner owns their unit, together with an undivided interest in common area and facilities appurtenant to that unit. ...

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...

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...

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...

What is a net listing? Is it illegal? - A net listing is selling a property for a determined price where the seller Only requires a small amount of money and let the agent have the rest (huge commission); it is ILLEGAL in the state of Utah After foreclosure, there's not enough money to cover all files of the mechanic's liens. What is the priority of payoff? - Laborers first, suppliers and subs second, general contractor last Where should a broker keep sales agents' licenses? - Broker's ...

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...

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...