Hợp đồng & Thực hiệnCâu 698 / 1605
A contractor structures a home improvement contract so that each progress payment is due 'as work proceeds.' Under §7159, each progress payment must:
a.Be collected only at project completion
b.Not exceed the value of the work performed or materials delivered at that point
c.Be at least $5,000 to be enforceable
d.Equal one-third of the total contract price
Giải thích
B&P §7159 requires that progress payments be tied to specifically described phases and that a contractor not request or accept payment exceeding the value of work performed or materials delivered.
Trích dẫn luật: B&P §7159(d)Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A home improvement contract totals $40,000. What is the maximum lawful down payment?
- After signing a home improvement contract at their kitchen table, a homeowner changes their mind. How many business days does the buyer generally have to cancel the contract?
- A 72-year-old homeowner signs a home improvement contract. How many business days does this senior buyer have to cancel?
- Which document, warning homeowners that unpaid subcontractors and suppliers may place a claim against their home, must be included in a home improvement contract?
- A home improvement contract states the project 'will start sometime soon and finish when done.' What is the defect?
- Which of the following is a mandatory element that must appear in every written home improvement contract?
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)