保险与留置权第 1478 / 1632 题
On a private commercial project the direct contractor furnishes a payment bond. Its primary purpose is to:
a.Protect the owner against defective workmanship
b.Guarantee the project is completed on schedule
c.Reimburse the owner's construction financing costs
d.Guarantee payment to subs, laborers and suppliers
解析
A payment bond guarantees payment down the chain: §8608 gives the right of recovery to claimants who provided work to the direct contractor, directly or through one or more subcontractors, and §8612 conditions the claim on the preliminary notice the lien law requires. (a) and (b) both describe a performance bond, which answers to the owner for completion and quality — the two bonds are usually bought together and confusing them is the classic error. (c) is not a bonded obligation at all; financing costs are the owner's own.
法律依据: Civ. Code §8608 / §8612免费刷完整 1632 道题库 — 无需注册。
Own the complete CSLB Law & Business guide — PDF + EPUB, $24.99 →
同考点相关题目
- After recording a mechanics lien, within what period must the claimant file a lawsuit (action) to foreclose the lien, or the lien becomes unenforceable?
- A 'stop payment notice' (formerly 'stop notice') is a remedy that allows an unpaid claimant to reach:
- On a private work with a construction lender, for a stop payment notice to bind the LENDER to withhold funds, the claimant generally must:
- California law makes which insurance mandatory for a contractor that has employees?
- A licensed contractor holds a C-39 roofing classification and has no employees. Under B&P §7125 as it reads until January 1, 2028, the contractor must:
- The main purpose of a contractor's Commercial General Liability policy is to cover:
最近核对： · 审核流程
PrepPass 团队 · 依据官方资料核对 California CSLB Contractor License Law & Business Exam · 我们如何核对
审核人 Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — 核实)