Free Law & Business quiz: Take our 2019 exam, see where you stand! - California.USTradeTest.com

Of the following, which is a correct statement regarding a schedule of payments in an original bid?

The second payment is not due until after 60% of the work is completed.

You are not required to include a schedule of payments in the original bid.

The material must be paid for as it is installed.

The schedule must include specific dates and dollar amounts.

Correct! Wrong!

How often must contractors’ supervisors conduct “tool box” or “tailgate” safety meetings?

Every Day

Weekly

Every 10 Days

Monthly

Correct! Wrong!

What is the relationship between a prime contractor and a subcontractor?

Contractual

Contractor to subcontractor

Employer-employee

No relationship

Correct! Wrong!

How long must an employer keep records of FUTA and other federal payroll taxes?

2 Years

4 Years

5 Years

7 Years

Correct! Wrong!

Who is responsible for selecting materials when refilling a first-aid kit for a jobsite?

Qualified individual

Nurse

First-aid tech

Doctor

Correct! Wrong!

A subcontractor signs an unconditional waiver and release. This means that the____________________:

Owner cannot ask anything more of the subcontractor.

Subcontractor cannot ask anything more of the owner.

Subcontractor cannot ask anything more of the prime.

Subcontractor cannot get anything from the prime

Correct! Wrong!

Within how many days must an “agreement to arbitrate” be returned by the participants after being mailed by the Registrar?

Within 10 calendar days

Within 14 calendar days

Within 30 calendar days

Within 45 calendars days

Correct! Wrong!

According to contract law, when can subcontractors and material suppliers serve a preliminary notice?

After first purchasing material

After first furnishing labor or materials

After their bid is accepted by the prime contractor

After the prime contractor’s bid is accepted by the owner

Correct! Wrong!

A stop notice on a public works project is used to:

Attach a lien to the project.

Stop all construction activity on a particular job.

Stop all payments to the prime contractor until the subcontractors are paid.

Withhold sufficient money from the prime contractor to pay the subcontractors who file stop notices.

Correct! Wrong!

Which of the following bonds guarantees both job completion and payment of subcontractors and suppliers?

Bid bond.

Contract bond.

Payment bond.

Performance bond.

Correct! Wrong!

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Of the following, which is a correct statement regarding a schedule of payments in an original bid?

How often must contractors’ supervisors conduct “tool box” or “tailgate” safety meetings? ​

What is the relationship between a prime contractor and a subcontractor?

How long must an employer keep records of FUTA and other federal payroll taxes?

Who is responsible for selecting materials when refilling a first-aid kit for a jobsite?

A subcontractor signs an unconditional waiver and release. This means that the____________________:

Within how many days must an “agreement to arbitrate” be returned by the participants after being mailed by the Registrar?

According to contract law, when can subcontractors and material suppliers serve a preliminary notice?

A stop notice on a public works project is used to:

Which of the following bonds guarantees both job completion and payment of subcontractors and suppliers?

How often must contractors’ supervisors conduct “tool box” or “tailgate” safety meetings?