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Blanca Jacobo 8 questions

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Questions in this quiz (8)

  1. 1 The Contractor’s State License Board has authority to enforce the:
    1. AA.) Lender’s rate of interest
    2. BB.) Consumers change of plans
    3. CC.) Contractor’s warranty
    4. DD.) Manufacturer’s warranty
  2. 2D.) Manufacturer’s warranty
    1. AA.) Performance Bond
    2. BB.) Surety Company’s name and address
    3. CC.) Plan and scale drawings
    4. DD.) Contract Bond
  3. 3A contractor must contracts/receipts and other paperwork regarding contracts on file for a minimum of?
    1. AA.) For at least 1 year
    2. BB.) For at least 2 years
    3. CC.) For at least 3 years
    4. DD.) For at least 5 years
  4. 4If the client cancels the contract, the contractor must refund the downpayment within:
    1. AA.) 1 day
    2. BB.) 5 days
    3. CC.) 10 days
    4. DD.) 20 days
  5. 5If a client signs a home solicitation contract on Wednesday, the client can cancel until midnight of which day
    1. AA.) Saturday
    2. BB.) Sunday
    3. CC.) Monday
    4. DD.) Tuesday
  6. 6Which of these causes may not be included in your home improvement contract?
    1. AA.) The contractor may require a downpayment
    2. BB.) The contractor would not be held responsible for delays caused by acts of god
    3. CC.) The contractor may include a mechanics lien warning in the contract
    4. DD.) The contractor may charge for materials prior to delivery
  7. 7Which contract has a maximum value of $750?
    1. AA.) The Home solicitation contract
    2. BB.) The Home Improvement contract
    3. CC.) The Residential Construction contract
    4. DD.) The Service and Repair contract
  8. 8Fred and his client just signed a contract for $50,000. The maximum downpayment Fred can obtain on his residential contract is?
    1. AA.) $1,000
    2. BB.) $3,000
    3. CC.) $5,000 which is 10%
    4. DD.) Fred can obtain 50% down and 50% when he completes the project

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Quiz on Untitled, created by Blanca Jacobo on 06/07/2021.
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