Tài chính doanh nghiệpCâu 1145 / 1605
The $25,000 contractor's license bond primarily protects:
a.The CSLB's operating budget
b.Consumers, employees, and certain others damaged by the contractor's violations
c.The contractor's suppliers exclusively
d.The contractor against customer nonpayment
Giải thích
The contractor's bond secures the contractor's obligation to comply with the Contractors State License Law. It provides a source of recovery for consumers harmed by defective work or violations, for employees owed wages, and for certain furnishers of labor/materials. It does NOT protect the contractor.
Trích dẫn luật: Business & Professions Code §7071.6Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A quick ratio (acid-test) differs from the current ratio because the quick ratio:
- A contractor's current ratio is 0.8 to 1. This most likely indicates:
- What is the required amount of the contractor's license bond (bond of contractor) in California?
- In addition to the license bond, a qualifying individual who serves as RMO/RME for a licensee generally must file what?
- A contractor's bond is a form of surety bond. This means:
- An owner withholds 10% retention on a $40,000 progress billing. How much does the contractor receive on that billing?
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)