Kinh doanh & Cấp phépCâu 1393 / 1605
If a contractor cannot obtain a surety bond, what alternative does the license law permit to satisfy the bond requirement?
a.A signed promise from the customer
b.A letter from an attorney
c.A cash deposit with the Registrar in lieu of a bond
d.No alternative exists
Giải thích
Under B&P Code sections 7071.6 and 7071.12, a contractor may deposit cash or its equivalent with the Registrar in lieu of a surety bond to satisfy the bonding requirement, in the same amount ($25,000).
Trích dẫn luật: B&P Code §7071.12Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A licensee must notify the Registrar of certain changes. Within how many days must a licensee report a change of business address?
- If a qualifying individual (RMO/RME) disassociates from a license, within how many days must the licensee notify the Registrar?
- After a qualifier disassociates, how long does the licensee generally have to replace the qualifying individual before the license is suspended or invalidated?
- Which fee is paid when a contractor renews an active license?
- A licensee wants to place a license on 'inactive' status. What is the effect of inactive status?
- A contractor advertises services. What must the advertisement generally include under the license law?
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)