Licensing Flashcards
1 – If a qualifying party leaves, the licensee must replace the qualifying party within how many days?
90 days
How many days to notify the Licensing Board of any name change in which the licensee is conducting business in the State of North Carolina?
30 days
When do contractors license expire each year?
– December 31st
f one has an intermediate general building contractor license, they can
1 – Contract a job for $750,000
2 – Contract a job for $350,000
3 – Contract a job for $700,000
4 – All of the Above
If you have a change of address, how many days do you have before you are to notify board?
30
When does a contractor have to notify the NC Licensing Board when their qualifier leaves?
– Immediately
The request to withdraw a bid must be made in writing to the public agency prior to award of the contract, but not later than ____hours after the opening of bids.
72
A licensed contractor pulls a permit for and supervises the work for an unlicensed contractor. Which of below is true?
1 – This is illegal and will be disciplined by the board
If a qualifying party leaves, the licensee must replace the qualifying party within how many days?
30 days ***90 days is the correct answer but if 90 days is not an option then 30 days will be the answer.
– Under which of the following conditions is it appropriate for a licensed entity to “loan” its license number to an unlicensed entity?
Under no conditions
What is the penalty for a license certificate violation?
Class 2 Misdemeanor