企业组织与执照第 1393 / 1605 题
If a contractor cannot obtain a surety bond, what alternative does the license law permit to satisfy the bond requirement?
a.A signed promise from the customer
b.A letter from an attorney
c.A cash deposit with the Registrar in lieu of a bond
d.No alternative exists
解析
Under B&P Code sections 7071.6 and 7071.12, a contractor may deposit cash or its equivalent with the Registrar in lieu of a surety bond to satisfy the bonding requirement, in the same amount ($25,000).
法律依据: B&P Code §7071.12免费刷完整 1605 道题库 — 无需注册。
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