Kinh doanh & Cấp phépCâu 1442 / 1605
Which statement about the contractor's license bond is correct?
a.It protects consumers and certain others from damages caused by license law violations
b.It guarantees the contractor's profits
c.It replaces workers' compensation insurance
d.It is optional for active licensees
Giải thích
Under B&P Code section 7071.6, the $25,000 bond protects consumers and certain other parties from damages resulting from the contractor's violation of the license law. It is mandatory for active status and is not profit insurance or workers' comp.
Trích dẫn luật: B&P Code §7071.6Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A home improvement contract must include the approximate start and completion dates. Failure to include required contract terms can result in what?
- Which practice by a home improvement contractor is expressly prohibited?
- During a declared state of emergency, contracting without a license for repair work may be charged as what?
- A licensee with employees must maintain what type of insurance to keep the license valid?
- What happens to a license if a contractor with employees fails to maintain workers' compensation coverage?
- An applicant who has been convicted of a crime substantially related to the qualifications of a contractor may face what in the licensing process?
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)