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FLORIDA CONTRACTORS MANUAL EXAM | QUESTIONS AND CORRECT ANSWERS | GRADED A+ | VERIFIED ANS, Exams of Contract Law

FLORIDA CONTRACTORS MANUAL EXAM | QUESTIONS AND CORRECT ANSWERS | GRADED A+ | VERIFIED ANSWERS | LATEST VERSION | STUDY THIS ONE!

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FLORIDA CONTRACTORS MANUAL EXAM |
QUESTIONS AND CORRECT ANSWERS |
GRADED A+ | VERIFIED ANSWERS | LATEST
VERSION | STUDY THIS ONE!
According to Contractors Manual, which of the following production factors
would not be considered by the estimator when calculating equipment cost
estimates? ------CORRECT ANSWER---------------original purchase price of
the equipment
When estimating the cost of transporting equipment to the job site, the
estimator should use: ------CORRECT ANSWER---------------40 to 65% of
the speed limits
When producing an equipment estimate, some factors that are taken into
consideration are: ------CORRECT ANSWER---------------age and condition
of equipment, permissible speeds and safety factors
All these factors, except one, must be considered when estimating
manpower: ------CORRECT ANSWER---------------financial incentives
Value engineering and cost savings, returning money to both the owner
and the contractor, are advantages of which type of contract? ------
CORRECT ANSWER---------------guaranteed maximum price
A contract in which the contractor agrees to perform a stipulated job in
exchange for a fixed sum of money is called a: ------CORRECT ANSWER--
-------------lump-sum
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Download FLORIDA CONTRACTORS MANUAL EXAM | QUESTIONS AND CORRECT ANSWERS | GRADED A+ | VERIFIED ANS and more Exams Contract Law in PDF only on Docsity!

FLORIDA CONTRACTORS MANUAL EXAM |

QUESTIONS AND CORRECT ANSWERS |

GRADED A+ | VERIFIED ANSWERS | LATEST

VERSION | STUDY THIS ONE!

According to Contractors Manual, which of the following production factors would not be considered by the estimator when calculating equipment cost estimates? ------CORRECT ANSWER---------------original purchase price of the equipment When estimating the cost of transporting equipment to the job site, the estimator should use: ------CORRECT ANSWER---------------40 to 65% of the speed limits When producing an equipment estimate, some factors that are taken into consideration are: ------CORRECT ANSWER---------------age and condition of equipment, permissible speeds and safety factors All these factors, except one, must be considered when estimating manpower: ------CORRECT ANSWER---------------financial incentives Value engineering and cost savings, returning money to both the owner and the contractor, are advantages of which type of contract? ------ CORRECT ANSWER---------------guaranteed maximum price A contract in which the contractor agrees to perform a stipulated job in exchange for a fixed sum of money is called a: ------CORRECT ANSWER-- -------------lump-sum

Ambiguous contract terms will be: ------CORRECT ANSWER--------------- interpreted against the party who drafted the document. Which construction contracts are rarely negotiated? ------CORRECT ANSWER---------------fixed-price The MAJOR difference between various of types of negotiated contracts such as lump-sum, cost-plus or guaranteed maximum price is: ------ CORRECT ANSWER---------------the provision regarding compensation of the contractor Network Analysis including CPM and PERT are methods of _________ ---- --CORRECT ANSWER---------------scheduling Network analysis includes all of the following functions except: ------ CORRECT ANSWER---------------the balance sheet of the critical activities According to Contractors Manual, which of the methods below is not one of the three traditional methods of construction scheduling grouped under network analysis? ------CORRECT ANSWER---------------Cost Control Systems (CCS) Network Analysis determines the: ------CORRECT ANSWER--------------- shortest length of time in which a project can be completed.

Contractors should post construction progress schedules at least ___ , according to the Contractors Manual. ------CORRECT ANSWER--------------- weekly When developing a project schedule, which of the following should not influence the development of the project schedule, according to Contractors Manual? ------CORRECT ANSWER---------------crew sizes All of the following except, ______ should review a proposed short term project schedule, according to Contractors Manual. ------CORRECT ANSWER---------------building department officials According to Florida Contractors Manual, short term schedules on construction projects are a detailed explanation of the next: ------CORRECT ANSWER---------------2 weeks Which schedule highlights critical material deliveries, as well as critical decisions that must be made? ------CORRECT ANSWER---------------short term Which of the following is one of the six project phases of the schedule development time table? ------CORRECT ANSWER---------------conceptual To recover the additional cost when a contractor has to perform extra work for a subcontractor or material vendor, the contractor can proceed by the

use of ___ , according to Contractors Manual. ------CORRECT ANSWER--- ------------a back charge Which of the following documents should be submitted to and approved by the contractor prior to commencement of work by a subcontractor on a job, according to Contractors Manual? ------CORRECT ANSWER--------------- performance bond (if required), subcontract agreement and insurance certificate The subcontractor shall correct, repair, or replace defective work within how many hours after receiving notice of the defective work from the contractor? This is a notification clause that should be included in a standard contractor-subcontractor agreement, according to the Contractors Manual. ------CORRECT ANSWER--------------- 24 The contractor sends out a Notice of Termination to the subcontractor and the subcontractor's bonding company. According to Contractors Manual, after the Notice of Termination is sent and the subcontractor is officially terminated, the: ------CORRECT ANSWER---------------subcontractor's equipment and materials should be left on the site until the subcontractor's work is completed According to Contractors Manual, the overall timeframe for receiving submittals (shop drawings) from vendors and/or subcontractors on a given job is defined by the ------CORRECT ANSWER---------------construction schedule. A weekly labor distribution report is one of several: ------CORRECT ANSWER---------------cost accounting reports

The ________ is the primary permit application agency for construction activities conducted in Florida wetlands. ------CORRECT ANSWER----------- ----Florida Department of Environmental Protection If an employer and employee reach an agreement to waive the employees right to workers' Compensation benefits, can the agreement be enforced? - -----CORRECT ANSWER---------------No, it is invalid Can child support or alimony be deducted from "workers' compensation" benefits? ------CORRECT ANSWER---------------Yes, the claim of creditor exemption does not extend to child support or alimony payments Every employee engaged in construction work is entitled by law to a work place that is free of what three factors? ------CORRECT ANSWER------------ ---Unsafe conditions, unsafe acts, and health hazards What OSHA form is used to record all incidents resulting in loss of consciousness, restriction of work or movement, lost work-days, or medical treatment? ------CORRECT ANSWER---------------OSHA Form 300/300A Furnishing employees employment and a place of employment which is free from recognized hazards causing or likely to cause death or serious physical harm is a required under which OSHA clause? ------CORRECT ANSWER---------------The general duty clause What is the fourth area responsibility for an employer per OSHA? ------ CORRECT ANSWER---------------OSHA posters must be posted on all job sites where all employees can see them

Section 2(b) of the ___ describes its purpose as providing safe and healthful working conditions for every "working man and woman in the Nation" ------CORRECT ANSWER---------------OSH Act What are the three groups that the "OSH Act" excludes? ------CORRECT ANSWER---------------Religious establishments, Employers of household workers, Individuals who do not have "employees" The activities of what individuals are not covered by the Occupational Safety and Health Act? ------CORRECT ANSWER---------------Self- employed An ___ is one who has the right to control and direct his employees, not only regarding the result to be accomplished by the work, but also as to the details and means by which the work objective is accomplished ------ CORRECT ANSWER---------------Employer Standard Industrial Classification (SIC) used to rate business risks and ___ for workers compensation, as well as liability and risk insurance ------ CORRECT ANSWER---------------Calculate premiums Most employers with no more than 10 employees are exempted from OSHA record keeping logs for injuries and illnesses, with the exemption of? ------CORRECT ANSWER---------------Fatalities or multiple hospitalization accidents

Under the OSHA Act, ___ of an employee is any abnormal condition or disorder, other than one resulting from an occupational injury, caused by exposure to environmental factors associated with employment. ------ CORRECT ANSWER---------------Occupational illness Every occupational death, every nonfatal illness, and those nonfatal occupational injuries which involves loss of consciousness or medical treatment (other than first aid) is a ____ ------CORRECT ANSWER------------ ---Recordable case How are lost days of work for an injured employee counted? ------ CORRECT ANSWER---------------By the number of calendar days the employee was unable to work as a result of the injury or illness What is the maximum allowable civil penalty for serious or other-than serious violations? ------CORRECT ANSWER---------------$13, What is the maximum allowable civil penalty for willful or repeated violations? ------CORRECT ANSWER---------------$134, ____ are those committed with an intentional disregard of, or plain indifference to, the requirements of the OSH Act and regulation? ------ CORRECT ANSWER---------------Willful violations What is the base penalty for failure to report a fatality or catastrophe within 8 hours? ------CORRECT ANSWER---------------$13,

If the contractor only partially abates a violation issued by OSHA within 30 days, how much can the penalty be reduced? - -----CORRECT ANSWER---- -----------By 20 percent to 40 percent What are the exceptions for the requirement of a protective systems when excavating? ------CORRECT ANSWER---------------Where the excavation is in solid rock, nor in excavations that are less than 5 feet in depth How do the manufacturers of Manila rope used for hoisting identify first grade rope? ------CORRECT ANSWER---------------By an identifying mark of some kind Why are synthetic fiber ropes generally not used in rigging? ------ CORRECT ANSWER---------------Because of their tendency to stretch under strain and their susceptibility to damage by heat flame and sparks What type of rope would you want to use in a rigging operation that could withstand severe shock loads? ------CORRECT ANSWER---------------Nylon Rope When a rope is used for hoisting or supporting personnel, what safety factor must be used? ------CORRECT ANSWER---------------A safety factor of "10" What type of splice should be used to prevent strands at the end of the rope from unlaying? ------CORRECT ANSWER---------------Back Splice

When the parties agree to a guaranteed maximum price, or upset price, above which the contractor assumes the risk of paying for the work described in the contract, it is called a ___ ------CORRECT ANSWER-------- -------Qualification What type of contract requires the entity contracting the work to be responsible for both the design and construction? ------CORRECT ANSWER---------------Design/Build Contract What are four most common types of business structures? ------CORRECT ANSWER---------------Sole Proprietorship, Partnership, Joint Venture & Corporation The accounting equation known as Assets equals ------CORRECT ANSWER---------------Liabilities and Equity How often is a certified or registered contractor required to renew licensure? ------CORRECT ANSWER---------------Every Two Years What must occur before law enforcement can be dispatched, if a residential or commercial intrusion/burglary alarm with central monitoring services receives an alarm? ------CORRECT ANSWER---------------Attempt to confirm the alarm signal by call, text, or other electronic means made to the owner, occupant or authorized designee

How many days does a business have to obtain a qualifying person if they lose their previous qualifier? ------CORRECT ANSWER---------------60 Days What action must a septic contractor take after the installation of a new septic tank before covering it with earth and placing it into service? ------ CORRECT ANSWER---------------Notify the county health department and have the system inspected The amount a company spends to provide goods and services to its customers is known as? ------CORRECT ANSWER---------------Expenses A licensed fire alarm company interviewed a 17 year old high school drop out for a fire alarm agent position. A background check reveals that he was convicted of possession of a controlled substance four years ago. Should the company hire this individual? ------CORRECT ANSWER---------------No, the minimum age is at least 18 years old How many members does the construction licensing board consist of? ------ CORRECT ANSWER--------------- 18 If an applicant is employed as an alarm system agent, and does not complete the training or receive a satisfactory criminal background check within 90-day period, what must the sponsoring licensed contractor do? ---- --CORRECT ANSWER---------------The employment must be terminated immediately Within how many minutes of activation must an "audible alarm" signal terminate? ------CORRECT ANSWER---------------15 minutes

According to 489, the fee for an applicant submitting an initial application may not exceed how much? ------CORRECT ANSWER---------------$ If the board imposes a civil penalty for a violation of Chapter 489, F.S., or of the rules, how many days does the contractor have to pay the penalty imposed to remain in compliance? ------CORRECT ANSWER--------------- 30 days According to the administrative code, if a business has a financially responsible officer other than the qualifier, what additional requirement must they also demonstrate? ------CORRECT ANSWER---------------A bond or irrevocable letter of credit, in the amount of $100,00 payable to the board for fines and costs What may the board require as an additional penalty, if they find that a contractor committed a violation because of lack of knowledge or understanding of the laws and rules? ------CORRECT ANSWER--------------- Additional continuing education hours in excess of the credit hours required for biennial renewal What two areas of violations, does the "board" consider appropriate for mediation? ------CORRECT ANSWER---------------License number not listed where required & any complaint that is based on non-completion of contract for not having a final inspection done What is the estimated gallons per day for a residence with 4 bedrooms and 3000 SQ ft of building area to determine the size sewage system? ------ CORRECT ANSWER---------------400 gallons per day

What is the method of accounting where revenue and expenses are recorded when earned or incurred, rather than when the cash is actually received or paid? ------CORRECT ANSWER---------------Accrual method How can a limited partner lose immunity for partnership debts beyond the invested amount? ------CORRECT ANSWER---------------By managing or becoming involved in the day-to-day operations of the business What are the responsibilities of a "Financially Responsible Officer"? ------ CORRECT ANSWER---------------Assume personal responsibility for all financial aspects of the business organization A Contractor who receives, as initial payment, money totaling more than 10 percent of the contract price must apply for permits and begin work within how many days? ------CORRECT ANSWER---------------Apply for permits within 30 days & start the work within 90 days after permits are issued What is the result of failure to pay a civil penalty within the specified period? ------CORRECT ANSWER---------------The licensee shall surrender his/her licensure How many years must a license retain records on the completion of continuing education requirements? ------CORRECT ANSWER--------------- 3 years What must an applicant do if they fail to obtain a passing score on any portion of the exam more than 3 times? ------CORRECT ANSWER------------

What three categories are used to determine whether a person is classified as an independent contractor or an employee? ------CORRECT ANSWER--

  • ------------Behavioral, Financial, and Type of Relationship Under what state statue would an applicant locate the information to determine whether they might receive credit for relevant military service? --- ---CORRECT ANSWER---------------489. If there is a belief that a licensee may have committed a violation of part 1, chapter 489, F.S., Chapter 455, F.S, who makes the determination whether the violation occurred? ------CORRECT ANSWER---------------The probable cause panel What is the fine for failure to timely obtain a permit? ------CORRECT ANSWER---------------$ If a septic tank contractor installs a septic system and applies for a permit after the work is completed without inspections, what would the penalty be if they are a repeat offender? ------CORRECT ANSWER---------------Repeat violation results in revocation In the practice of accounting, debit and credit refer to what? ------ CORRECT ANSWER---------------The left and right sides of an account How could a partnership resolve a potential dispute over control of the business? ------CORRECT ANSWER---------------Through a partnership agreement

A person who engages in contracting services or holding oneself out to be a contractor without first obtaining a license is guilty of a ______ for a first offense? ------CORRECT ANSWER---------------First-degree misdemeanor How long must a contractor maintain complete financial and business records? ------CORRECT ANSWER---------------Three years How many hours of continuing education is a contractor required to take for license renewal? ------CORRECT ANSWER---------------14 hours every two years What is the maximum administrative fine that may be imposed on any unlicensed person found guilty of unlicensed? ------CORRECT ANSWER--- ------------$10, According to the Florida Administrative code, what is the minimum clear height of a "story"? ------CORRECT ANSWER---------------7 feet or more What does the term "call verification method" refer to? ------CORRECT ANSWER---------------The monitoring facility personnel making two or more attempts to make contact prior to dispatch What is the fee for a site evaluation by the County Department of Health? -- ----CORRECT ANSWER---------------$