Which statement about the CSLB license bond and a project performance bond is TRUE?
a.The license bond is statewide; a performance bond covers one job
b.The performance bond protects consumers across all the work
c.The license bond guarantees completion of a specific project
d.They are one instrument, known by two different names
解析
The $25,000 bond required by B&P §7071.6 is a condition of licensure that runs to the beneficiaries listed in §7071.5 and stands behind everything the licensee does, in a fixed amount that has nothing to do with any contract's size. A performance bond is bought for one project, sized to that contract, and runs to that project's obligee, guaranteeing the job gets finished. (b) and (c) simply swap the two. (d) misses both differences that matter — the source, statute versus contract, and the scope, all work versus one job.
法律依据: B&P Code §7071.5 / §7071.6免费刷完整 1632 道题库 — 无需注册。
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审核人 Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — 核实)