Clsb practice law b - Study guides, Class notes & Summaries
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CSLB Law & Business Exam with 100% correct Answers
- Exam (elaborations) • 11 pages • 2022
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1-2% - ANSWER-Bonds can be purchased from bonding companies for ___% of the original contract price. 
 
Bid Bond - ANSWER-This acts as an assurance that the contractor will be able to complete the job as described in the contract. 
 
Performance Bond or Contract Bond - ANSWER-This guarantees a contractor will complete the project according to the agreed upon terms & conditions. 
 
Payment Bond - ANSWER-This guarantees that subcontractors and suppliers will be paid by the contractor for properly ...
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CSLB Practice Law B Questions and Answers actual exam 2023
- Exam (elaborations) • 26 pages • 2023
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A subcontractor or material supplier has	days to file a lien once a notice of completion has been recorded. - Correct answer-30 
 
How must a client submit a claim for service or repair of a defect on fit and finish items after a remodel? - Correct answer-By certified mail
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