Biz Law exam Flashcards

1
Q

Question

A

Answer

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2
Q

A contractor is responsible for?

A

Securing the permit to build E-2

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3
Q

You must have a license for?

A

Any project over $30,000 E-2

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4
Q

How Many memebers are on the licensing board?

A

There are 9 members, 5 GC, 1 Engineer, 3 Public. E-2

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5
Q

List license fees

A

Exam Fee - $100, Unlimited - $125, Intermediate - $100, Limited - $75 E-5

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6
Q

How many days to replace qualifier?

A

90 days to replace qualifier E-6

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7
Q

License renewal dates and fees

A

License expires 12/31, Standard fees, Invalid after 60 days, late fee $10 per month E-6

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8
Q

Renewal process after 4 years?

A

Start over with a new application process E-7

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9
Q

A foreign corporation shall do what to obtain license?

A

Obtain certificate of authority from the Secretary of state E-7

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10
Q

How many hours of continuing ed each year?

A

8 Hours 87-10

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11
Q

The board can revoke your license for what?

A

Fruad or deceit in obtaining a license - Negligence incompetence or misconduct 87-11

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12
Q

Who can prefer charges of fruad, negligence or misconduct?

A

Anyone 87-11

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13
Q

The board may re issue a license if…

A

Five or more board members vote in favor 87-11

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14
Q

The max amount the board can recover in admin cost?

A

$5,000 87-11

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15
Q

Unauthorized practice is…..?

A

A misdemeanor 87-13

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16
Q

Building classifications do not include?

A

Grading and excavation

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17
Q

Net worth required for a limited license?

A

$80,000 F-9

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18
Q

What can take the place of net worth?

A

A surety bond F-9

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19
Q

How many days to report a bond has been cancelled?

A

30 Days F-10

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20
Q

A person may serve as qualifier for?

A

No more than 2 licensees F-11

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21
Q

How long to notify board the qualifier is not connect to licensee?

A

10 Days to notify board F-11

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22
Q

How many hours per week must a qualifier work?

A

20 hours per week F-11

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23
Q

Must a construction manager be licesnsed?

A

Yes F-12

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24
Q

If a licesee files for bankruptcy how many days to notify board?

A

Within 30 days of filing F-19

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25
How many days to notify board of address change?,
30 Days F-20
26
Materials and labor definition?
Materials furnished or labor performed in the prosecution of the work called for by the construction contract
27
A performance bond is required when?
A 100% bond is required on all projects over $500,000 G-1
28
How long to file a claim?
120 days from the last date labor was performed G-2
29
What are actions on a payment bond?
No action can be taken on a payment bond after 12 months G-2
30
How many days to provide a certified copy of payment bond?
10 days upon request G-3
31
The magic number for sepraprime bids?
Less than $25,000 H-2
32
How many hours to withdraw a bid?
72 hours to withdraw a bid H-16
33
When are permits required?
Refer to J-5
34
What is the time frame to appeal a stop work order
Within 5 days of the written issue of stop work J-7
35
A hearing for inspection issues will be held, when?
No later thn 10 days after notice of violation
36
Payment from owner to contractor is not what?
A condition precident to pay subcontractor L-1
37
How long to pay a subcontractor?
Within 7 days of contractor receiving final payment L-2
38
Penalty is payment is not made within 7 days?
1% per month starting on the 8th day L-2
39
Who is entitled to a claim of lien?
Any person who performs or furnishes labor or materials pursuant to a contract M-1
40
When is a lein agent required?
On projects exceeding $30,000
41
When and where do you file a lien claim?
Within 120 days of last furnished labor at the clerk of the court M-2
42
How long to enforce a lien?
No enforcement of a lien claim after 180 days M-4
43
What is the priority of liens?
Refer to M-11
44
False statements are what?
A class 1 misdemeanor
45
Payments are made to whom?
Payments are made to the contractor name on license not to qualifier
46
811 has how many days to mark underground facilites?
811 has three days after work order has been submitted
47
Timing for 811 notifications
no less than 3 days and not more than 12 days prior to excavation. If markings aren't present call 811 again
48
811 Utility type color codes
Refer to 811 page 16
49
811 Notifications
Refer to 811 pages 20-25
50
How long are 811 notifications good for?
15 days
51
Definition of sedimentaion per code title 15A
The process by which sediment resulting from accelerated erosion is being transported off site of land disturbing activity into a lake or water course.
52
Definition of sedimentaion per code title 113A
A solid particle matter, both mineral or organic that has been or is being transported from its site of origin
53
Title 113A does not include what activities?
Farming, Forestry and permited mining
54
According to title 113A, who oversees water quality in NC?
The department of agriculture and consumer services
55
How long does the commision have to approve a sediment control plan?
Within 30 days of receipt of filing
56
How much are sedimant control aplication fees?
$65 per acre
57
What is the sedimant buffer zone for trout waters?
25 feet or 25% buffer of nearest land
58
How many days to manage erosion on sloped areas
Within 21 days of grading
59
How long to start grading after the submision of sediment control plan?
No less than 30 days after filing
60
How long does local governement have to approve sediment control plan?
30 days
61
A person ha what right if a sediment control plan is denied?
To request a ahearing within 15 days
62
Maximum civil penalty for title 113 violation?
$5,000
63
Violation of title 113A is what kind of offence?
Class 2 misdemeanor
64
A stop work order can be issued for land disturbing activity if?
There is violation of title 113A