Contracts & ExecutionQuestion 191 of 690
California prompt payment laws are designed primarily to:
a.Set the minimum wage for construction workers
b.Determine which contractor wins a competitive bid
c.Ensure that contractors, subcontractors, and suppliers are paid in a timely manner
d.Establish license classifications
Explanation
Prompt payment statutes set deadlines for owners, general contractors, and others to pay down the contracting chain, with penalties for late payment, so that everyone who performs work is paid timely.
Law Reference: Civil Code §8800Practice all 690 questions free — no signup required.
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