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Arizona Contractor's License Exam: Comprehensive Questions and Answers, Exams of Business and Labour Law

A comprehensive set of questions and answers related to the arizona contractor's license exam. It covers various aspects of the exam, including licensing requirements, legal obligations, insurance, safety regulations, and business practices. Designed to help individuals preparing for the exam by providing insights into the types of questions they may encounter and the relevant information they need to know.

Typology: Exams

2024/2025

Available from 01/10/2025

lucinda-bernadette
lucinda-bernadette 🇺🇸

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Arizona contractor’s license Exam | Comprehensive Questions and Answers Latest
Updated 2024/2025 With 100% Verified Solutions
how many employees are you required to have in order to have works comp? - more than 1 employee
if you fail to identify and mark underground utilities, how much do you have to pay for violation - you
can be fined up to 5000 dollars for the first violation, and up to 70000 dollars
sets limits on how much of a air pollutant is allowed in the air. - the clean air act
when does the fair labor act apply - it applies to employers that have 1 or more employee
what is form I-9 - this form is used by immigration ,to make sure employees has legal immigration status
in the usa
what is project over head - items needed to complete the project ex; bonds,temporary
storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid
what is the clean water act - establishes the basic structure for regulating disharges of pollutants into
the waters of united states
what are current liabilities - liabilities that will mature and must be paid within 1 year
immigration forms must be kept for how long - at least 3 years
what is a maintance bond - guarantees that for one year no defective workmanship or material will
appear on completed project
liability insurance is what - to protect 3rd party claims
keyman life insurance - its to continue business if one dies or becomes incapacitated
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Download Arizona Contractor's License Exam: Comprehensive Questions and Answers and more Exams Business and Labour Law in PDF only on Docsity!

Arizona contractor’s license Exam | Comprehensive Questions and Answers Latest

Updated 2024/2025 With 100% Verified Solutions

how many employees are you required to have in order to have works comp? - more than 1 employee if you fail to identify and mark underground utilities, how much do you have to pay for violation - you can be fined up to 5000 dollars for the first violation, and up to 70000 dollars sets limits on how much of a air pollutant is allowed in the air. - the clean air act when does the fair labor act apply - it applies to employers that have 1 or more employee what is form I- 9 - this form is used by immigration ,to make sure employees has legal immigration status in the usa what is project over head - items needed to complete the project ex; bonds,temporary storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid what is the clean water act - establishes the basic structure for regulating disharges of pollutants into the waters of united states what are current liabilities - liabilities that will mature and must be paid within 1 year immigration forms must be kept for how long - at least 3 years what is a maintance bond - guarantees that for one year no defective workmanship or material will appear on completed project liability insurance is what - to protect 3rd party claims keyman life insurance - its to continue business if one dies or becomes incapacitated

how much money is deducted from employee to pay for works comp - nothing. employer pays for everything how soon must form I-9 be completed by - it should be completed within 3 days of hire how long should you keep lead pamphlet receipt for - must be kept for 3 years bonds or cash deposits should be under whos name - the licensee how soon should you do a publication - you must publish within 60 days for 3 consecutives publications who certifies when a project is complete and the work meets conditions of the contract documents - the architect or the engineer what are progress payments - are partial payments made after specified phases of construction are complete what is the single prime method - its when a project owner hires an architectural firm to design the project the contractor then perfume the work what is a payment bond - guarantees that subcontractors and suppliers will be paid for work if they perform properly under the contract a corporate name may be reserved with the corporation commission for how many days - 120 days prior to incorporation how long should employees keep tax records for? - at least 4 years what is all risk builders insurance - it covers property owners n builders for buildings under construction. typically covers machinery equipment , materials supplies and fixtures

performance bond - guarantees that the contractor will complete a contract within its time frame and conditions what is the equation for the working capital - current assets - currents liabilities =working capital how long is the register of a trade name effective for - 5 years how many days do you have to answer a complaint? what happens if you don't reply - you have 10 days to reply. if you don't reply your license will be suspended or revoked how long are az license valid for - 2 years how many employees do you need to have an emergency action plan - more than 10 employees and it must be in writing how many employees must you have in order to get works comp?? - 1 or more if death occurs at work how many hours do you have to notify osha - within 8 hours who is responsible for the material safety data sheets for hazardous materials - the manufacturer or the importer what are the license categories - residential commercial dual registration of trademark is effective for how many years - 10 years complaints against contractors are kept on public record for how many years - 2 years

to renew a license the applicant shall? - provide name and address, current privileged licensce number , and proof that the applicant has complied with status and rules what is osha form 301 - its an individual incident report what is osha form 300 a - a summery of the previous years work related injuries what is osha form 300 - its an injury/ illness log how long must osha record be kept for - 5 years applicant must advise registrar of any changes to the info such as change in address in how many days - 30 days changes prior to the contract awarded are called - addenda what is an addendum - its when changes are made to the bid package before it is due how many weeks can you take off with the family medical leave act - you can take up to 12 weeks, and you cant loose your job what form is used to report and pay quarterly unemployment taxes - form uc- 18 what is a work week - its a period of 168 hours during a seven consecutive 24 hour period form 300 a must be posted by what days - feb 1st and kept till april 30th what is irs form w4 used for - its required to determine the appropriate level of federal tax withholding