Tài chính doanh nghiệpCâu 1175 / 1605
A contractor who performs work requiring a license without being properly licensed at all times during the project:
a.Automatically receives a city business license
b.May still collect full payment plus interest
c.Faces no financial consequence
d.May be barred from collecting compensation and may have to return money already paid
Giải thích
Under B&P Code §7031, an unlicensed contractor (or one not licensed at all times during performance) is barred from suing to collect compensation and may be forced to disgorge (repay) all money received for the work. Proper licensing is a strict financial as well as legal necessity.
Trích dẫn luật: Business & Professions Code §7031Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under cash-basis accounting, a contractor records income when:
- A city business license (business tax certificate) is:
- A building permit for a construction project is generally obtained from:
- A contractor's total direct cost on a remodel is $22,500. He wants a 20% profit margin on the selling price. What price should he charge?
- A contractor marks up a $4,000 material cost by 45%. What is the selling price of the materials?
- A job priced at $9,600 carried a 20% markup on cost. What was the direct cost?
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)