Kinh doanh & Cấp phépCâu 1419 / 1605
When forming a joint venture to bid a large project, what licensing does the joint venture need?
a.A joint venture license, obtained by entities that are each individually licensed
b.Each member's separate license is automatically enough
c.No license is needed for joint ventures
d.A federal contractor license
Giải thích
Under B&P Code section 7029, two or more licensees may apply for a joint venture license. Each participant must be individually licensed, and the joint venture itself is issued a separate license number for that venture.
Trích dẫn luật: B&P Code §7029Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The CSLB's Statewide Investigative Fraud Team (SWIFT) targets which conduct?
- A homeowner hires an unlicensed handyman for a $900 repair that is casual and complete in itself. Is a license required?
- A contractor breaks a $3,000 job into four separate $750 invoices to avoid the license requirement. Is this permissible?
- Two licensed contractors want to jointly bid and perform one large project. What does the license law require of them?
- A consumer is harmed by a licensed contractor's abandonment of a job. Which financial protection may the consumer make a claim against?
- Which contract type is specifically governed by the detailed disclosure and formatting rules of the Home Improvement Business chapter?
Cập nhật gần nhất: · quy trình kiểm tra
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)