Virginia A&B Flashcards
- Which option is not a requirement for the designated employee of a corporation.
A. Must be 18 years of age
B. Must be a full-time employee
C. Must complete the required examination
D. Must have controlling financial interest
D. Must have controlling financial interest
- Building maybe be used for its intended purposes only after.
A. All lanes have been satisfied
B. All inspections have been completed.
C. Are disturbed areas have been stabilized.
D. Certification of Occupancy has been issued.
D. Certification of Occupancy has been issued.
- A decision of the local building official must be
A. The local Board of Building Code Appeals
B. The Local Building Official
C. ICC
D. The state building code technical review board
B. The Local Building Official
- Individual Qualifying for licensure which is a trade related examination is required must be:
- Full time employee
- Be an owner
- Have a net worth of 15,000
- Have a net worth of 25,000
- Full time employee
- The contract or transaction recovery fund was created to provide a remedy to damage to
A. Contractors.
B. Homeowners
C. Commercial Owners
B. Homeowners
- What is the minimum net worth requirement for a class A license?
A. 45,000
B. 40,030
C. 5000
D. 30,000
A. 45,000
- A court official may request the initiation of legal proceedings against the contractor served with a minimum of how many notices of violation within one calendar year for beginning work without a required permit.
A. 3
B. 4
C. 5
D. 6
A. 3
- A permit expires if work does not begin within
A. 30 days.
B. 60 days.
C. Six months.
D. One year
C. Six months.
ABC Contracting is building an addition to a house for Mrs. Smith. Mrs. Smith has paid draws to cover the foundation and framing. the framing materials have been delayed in arriving. rather than sit idle waiting for the materials, ABC decides to apply the funds received for the framing to begin the foundation work on an addition being contracted for another for Mrs. Jones. ABC know when Mrs. jones pays the draw for the foundation completion, ABC can use these funds to pay for the Smith framing materials which should arrive at the same time. This is
a) an acceptable business planning.
b) an example of misapplication of funds
c) okay, as long as all funds are account for properly.
d) something that must be approved by the supplier of the framing materials
b) an example of misapplication of funds
Modifications to a contract affecting cost, materials. work scope, or estimated completion date shall
- Be five after completion of the project.
- Be in writing and signed by all parties.
- Clause in the contract to be written
- Speaker1: Be verbally agreed to by all parties
Be in writing and signed by all parties.
What is the maximum fine for beginning land-disturbing activities without an approved erosion sediment control plan and permit when REQUIRED? a) $100 b) $100 per day c) $1,000 d) $1,000 per day
d) $1,000 per day
- A corporation who changes officers how long does the company have to change this change in status to the board.
A. 30
B. 45
C. 60
D. 90
C. 60
- When is renewal or reinstatement application considered received by the board?
a. When application is mailed
b. When it is postmarked and check for fees payment cleared by the bank
c. When application and the fees are received by the board
d. When it is post marked and the fees
c. When application and the fees are received by the board
Fees paid by the contractor to the Contractors Transaction Recovery Fund may be used for:
a) board expenses
b) payment to claimants
c) department expenses
d) punitive damage
b) payment to claimants
A licensed contractor enters into a joint venture with a company that is not a licensed contractor. The joint venture must have
A. the licensed contractor be the managing partner.
B. Engage and only work with him.
C.Register st a foreign company.
D. Obtain a contractor’s license.
A. the licensed contractor be the managing partner.
- A construction project may not require inspection at the discretion of the inspecting authority if cost is less that
A. 2500
B. 3000
C. 3500
D. 4000
A. 2500
- A permit application is not required for a detached structure used as a storage shed. What is the maximum allowable square feet for this exception?
A. 150
B. 175
C. 200
D. 256
D. 256
- A permit expires if work has commenced on the site, but has been abandoned for a period of
A. 30 days
B. 60 days.
C. Six months.
D. One year.
Six months.
- If licensees are notified at the time of renewal that an additional fee for the contractor recovery fund is due, and the licensee does not pay the fee at the time, how much additional time is the licensee given?
A. Ten days.
B. 30 days.
C. Six days.
D. 180.
B. 30 days.
Designated employee must work a minimum of how many hours per week for a licensing contracting business.
A. 10 hours
B. 30 hours
C. 15 hours
D. 20 hours
B. 30 hours
- What is the limit of the payment payout per claimant from the contractor transactional recovery fund
A. 10,000
B. 15,000.
C. 20,000.
D. 25,000.
C. 20,000
- (1:22:47) The Board can refuse to renew a license when the principal owner is a former owner or officer of a firm that
A. Ceased operation within the previous 12 months
B. Had its contractor license revoked.
C. A complaint from an owner.
D. Was involved in an open lawsuit.
B. Had its contractor license revoked.
- ACME builder contracts a cement driveway for Mrs. Bee. During construction, the home owner decides she needs the driveway to be wider to have an easier access to the garage. The contractor agrees to increase the width at an additional cost and Mrs. Bee agrees to pay for the licensee. Once construction has been completed, Mrs. Bee refuses to pay for the increase saying the contractor estimated the contract incorrectly. The homeownership no legal obligation to pay for the increase because the
A. contractor failed to properly estimate the cost in the contract.
B. contractor failed to prepare a change order to the contract and have the homeowner sign it
C. homeowner would not have had easy access to the garage without additional width
D. contractor will be able to increase the price on his next job to make up the loss
B. contractor failed to prepare a change order to the contract and have the homeowner sign it
