Business & LicensingQuestion 435 of 690

Which of the following best describes when a person may serve as the qualifying individual for a contractor license?

a.Only if that person personally finances the entire business
b.If that person passes the required examinations and meets the experience requirements
c.Only if that person is over the age of 40
d.Only if that person has never owned another business

Explanation

Under §7068, a qualifying individual must demonstrate the required trade experience and pass the law and trade examinations. Personal financing, age above 40, or prior business ownership are not the legal criteria.

Law Reference: Bus. & Prof. Code §7068

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