Contratos y EjecuciónPregunta 708 de 1632
A contractor collects a $2,500 down payment on a $15,000 room addition. Why is this unlawful?
a.The down payment exceeds $1,000, the maximum for a contract of this size
b.The down payment must equal exactly 10%
c.Down payments are never allowed on home improvement contracts
d.It is lawful; $2,500 is under the limit
Explicación
The down payment cap is $1,000 or 10%, whichever is less. Ten percent of $15,000 is $1,500, but the $1,000 cap controls, so $2,500 is over the legal maximum.
Referencia Legal: B&P §7159(d)Practica las 1632 preguntas gratis — sin registro.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)