Finanzas ComercialesPregunta 1154 de 1605
On a home improvement contract, payments a contractor schedules and collects must:
a.Exceed the value of completed work to protect the contractor
b.Be paid entirely before any work begins
c.Always be collected in a single lump sum
d.Not exceed the value of work performed and materials delivered at the time of payment
Explicación
The home improvement contract law requires that progress payments not exceed the value of work performed plus materials delivered at the time of each payment. A contractor may not stay 'ahead' of the work by collecting for uncompleted portions.
Referencia Legal: Business & Professions Code §7159Practica las 1605 preguntas gratis — sin registro.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)