Download Construction Industry Employment and Regulations and more Exams Nursing in PDF only on Docsity! CURRENTLY TESTING SOLUTIONS OF FLORIDA CONTRACTORS MANUAL 2024 ACTUAL EXAM (2 CURRENTLY TESTING VERSIONS) WITH ACTUAL CORRECT DETAILED ANSWERS Corporations may pay owners dividends in stock, a dividend that is usually fixed in amount or percent is know as ______. Preferred stock The open invoice method provides sufficient detail to allow you to take advantage of ___ offered by suppliers for early payment of their invoices. Discounts If an employee worked 10 hours of overtime and is paid $20 per hour, how much would they have earned before taxes for one week? $1,100 What is the percentage of social security and medicare tax rate on a wage base of $118,500? 7.65 How much does an employee have to earn before an employer can stop paying FUTA for the year? $7,000 All employers are required to make contributions to the ___ plan and the ___ ? Federal Unemployment Tax Act & State Unemployment tax act Capital needs can be divided into __ basic stages Three months to one year How many months of "start-up" capital is recommended when starting a business to cover expenses? Three months to one year The need for capital in starting and operating a business can be divided into what three key stages? Start up costs, working capital, expansion Starting capital is the amount of money needed to get the business underway and should be enough to cover expenses for ___ Three months to one year ___ working capital needs are those costs associated with doing business Day-to-day When would a company want to use the fourth type of capital called "debt restructuring"? In the case of a financially distressed business A loan paid in one payment which covers the principal and interest at the maturity date of the loan is a ___ Single payment loan ___ require the lending institution to disclose the effective annual interest rate to a borrower Truth in Lending Laws Payroll taxes, benefits for direct labor, construction supervision, temporary costs, miscellaneous job clean up costs are examples of ___ Indirect costs Who can initiate a "Change Order"? The owner or contractor To compute the percentage by dividing the total costs incurred to date by the total estimated contract costs is the _____ Percentage of completion method Under the ___, no profit is recognized until the contract is fully or very nearly completed Completed Contract Method Liquidity, Leverage, Activity, Profitability are four types of ___ Financial ratios _____ provide indication regarding how effectively the company is being managed Profitability ratios The ___ makes it a Federal crime for anyone to require any laborer or mechanic (employed on a federal or Federally-assisted project to kickback any part of their wages The copeland act What documents must your company submit weekly to maintain compliance on a project subject to the Davis Bacon Act? Certified payroll reports What type of insurance product would a company add to their risk management plan to recover from financial losses due to the death of the contractor? Key man life insurance ow often should an employer review the driving records of an employee? Every six months or at least annually A __________ is a 3-party agreement whereby one party, the Surety, is bound with the person bonded, called the Principal, to a third party, called the Obligee. Surety Bond In 1894, Congress passed the Heard Act in response to concerns about contractors working on public projects becoming insolvent. Which act replaced it in 1935? Miller Act Surety bonds are required in order to protect the funds of the ___ in the event the contractor fails to perform the work Taxpayer or private owner What are the two types of bid bonds? Forfeiture obligation and difference in bid guarantee The ___ is a guarantee that if the contractor is awarded the bid, he will enter into a contract at the price stipulated in the bid proposal and will provide the required performance and payment bonds Bid bond ___ bonds provide that the contractor's work will be free from defects in materials and workmanship over a specified period of time set forth in the bond Maintenance What are the three "C"s of underwriting? Character, Capacity, Capital A legal document outlining who will assume the duty for completion of ongoing work and how they will be compensated in the event a principal becomes incapacitated is known as __ A continuity provision agreement What are the three methods used to prepare a financial statement? Audit, review or compilation Cash, Completed Contract, Pure Accrual, or Percentage of Completion are four methods of ______. Income recognition How much does "The SBA Bond Guaranty Program" charge the contractor per thousand? 7.29 The rights of employees to engage in concerted activity and to bargain collectively with a bargaining representative of their own choosing in private industries was created by means of the ___ Labor Management Relations Act What federal statue defined what must be considered as hours of work and the circumstances under which overtime pay must be paid? The Fair Labor Standards Act (FLSA-Wage and Hour Law) What act provides that contractors working on federal projects must pay their laborers and mechanics, wages and benefits found to be prevailing in that geographic locality? Davis-Bacon Act Under which Florida Law are Union Shop, Agency Shop and Maintenance of Membership agreements prohibited? Florida Right to Work Laws Who specifically does the Equal Pay Act protect? Female employees Who does the ADA protect? Employees with disabilities Which employment act promotes workplace safety? The Occupational Safety and Health Act (OSHA) Joe Smith applies for a job and the company obtains his credit report without his consent. What law has the company violated? The Fair Credit Reporting Act What does the Consolidated Omnibus Budget Reconciliation Act (COBRA) provide to employees that have severed employment from a company? Continued health insurance coverage Per the FLSA, employers are required to keep "hard records" such as payroll, employment contracts/agreements, sales and purchase records for how long? Three years Children aged 16 and 17 may work in construction related operations but may not be involved in certain __ occupations at a construction site Particularly Hazardous What is the maximum penalty that can be imposed against an employer for violation of the child labor provisions, where no serious injury or death has occurred? Up to $11,000 per worker for each violation of the child labor provisions How long does someone have to file a charge with the EEOC from time of the alleged incident, if there are no state anti-discrimination laws? 180 days from the date of the alleged violation What actions does the Title VII of The Civil Rights Act of 1964 Prohibit? Employment Discrimination The age discrimination in employment act of 1967 protects people aged ___ and older 40 years A seniority or merit system, a system which measures earnings by quantity or quality of production, and a differential based on any factor than sex are disparities in pay are allowed under which labor act? Equal Pay Act of 1963 (EPA) How many weeks of unpaid leave must a covered employer allow under the FMLA for eligible employees during any 12-month period? Up to 12 weeks unpaid leave To be covered under the ___, an employee must have made the disclosure in writing and signed a complaint to an agency having authority to remedy the violation Whistle-blower's Act Who does the "Employment and Training of Veterans Act" apply to? To government contractors and subcontractors with contractors worth $100,00 or more What are the "criminal" penalties/sanctions for willfully violating the occupational safety and health act? Fined and/or imprisoned for up to one year What does the "Florida Clean Indoor Act" prohibit? Smoking in public places except in designated smoking areas Refusing to hire a potential candidate for refusing to submit to a lie detector test, violates which labor act? Employee Polygraph Protection Act of 1988 What is the maximum amount of "Unemployment Compensation" That an eligible individual can collect during a benefit year? $6,325 5.40% If an employer has employees working in more than one state, what may be necessary the employer do for the purposes of FUTA? Register as an employer with another state's employment security agency ___ is a voluntary program that permits prorated reemployment assistance benefits to employees experiencing a reduction in hours for a portion of their workweek Short-Time Compensation What law effective July 1, 1935 has the intent to provide immediate and full payment of medical expenses and some coverage for loss of wages and rehabilitation benefits for workers? State workers' compensation For the purpose of Workers Compensation coverage, Sole Proprietors, Partners and Corporate Officers are considered employees. Construction limited liability company members are considered ___ Corporate Officers Who is required to provide workers compensation for the employees of a subcontractor? The general contractor What options are available, if the Contractor becomes liable to pay Workers' Compensation benefits for a subcontractor's employee? To recover from the subcontractor all benefits the contractor is required to pay plus interest A subcontractor who knowingly presents false information as to the existence of coverage when in fact there is none, commits a ___ A third-degree felony What allows for a group of employers pledging their individual assets to collectively guard against exposure for paying workers compensation benefits? A self insurance Pool If it can be established that the winner of a competitive bid knowingly violated the requirements to maintain proper workers' compensation coverage, what can the losing contractor do? Sue the person awarded the contract What can happen if the Florida Division of Workers' Compensation discover you have no coverage, even if a worker was not injured? Your business can be closed down What is one major consideration that could impact workers compensation? Knowing your employees and their limitations If a prospective employee lies on a pre-employment application about a prior medical problem and is subsequently injured, how would benefits be paid for workers compensation? Benefits can be denied If an employee dies on the job, what is the maximum amount paid to beneficiaries? Up to $150,000 in death benefits plus $7,500 in funeral costs What is the maximum weekly benefit that an employee who is injured on the job may be paid while unable to work? Two/thirds of his average or maximum of $863 What is the maximum possible reduction in workers compensation benefits if an employee fails to comply with safety rules and regulations? 25% After the report of an accident from an employee, how long does the contractor have to report it to the worker's comp carrier? Within seven days If a job site accident is not reported to the carrier within 7 days of notification, how much can the employer be fined? Up to $2,000 fine per occurrence How long must an employer retain a copy of all information, including all forms contained in the report accident? two years and six months What is the maximum penalty for violating any of the rule for reporting accidents? Up to $500 An injured employee is released by the doctor with limitations and is still unable to perform the job held at the time of injury. What happens to the employee until they can perform those duties? The employee may be able to perform another job What allows the treating physician to review the exact job being offered and give an opinion as to an injured employee's ability to perform it? Job descriptions What are two factors that impact the cost of workers compensation premiums? The size of payroll and the type of business (classification) Employers are classified by types of jobs their employees perform and are "__" per $100 of payroll Manually rated What is the term for how insurance company's rate or compare your business to other employers within your industry for workers' compensation coverage Experience modification factor What document must a person wishing to claim exemption provide to obtain or renew a "Certification of Exemption" for Workers compensation? A state driver license or Florida ID How many employees can construction company employee before workers' compensation is required? One or more full-time or part time employees Florida's workers compensation law does not allow for independent contractors in the construction industry. The person is either a ____ A business owner or an employee of a business What three factors determine the cost of Workers' compensation insurance? Payroll, type of work performed, employer's claims history What types of employee injuries are covered by Workers' compensation? All accidental injuries and occupational diseases arising out of and in the course and scope of employment When is an employer solely liable for up to double the normal compensation as provided by the workers compensation law? If a minor child is injured while employed in violation of any of the conditions of the child labor laws of Florida If an employee participates in an employee assistance program, you, the employer, are required to extend the same considerations as reflected under what federal guidelines? Americans with Disabilities Act and the Family and Medical Leave Act Does an injured worker pay taxes on compensation benefits received while out of work? No If an employee is unable to return to the type of work performed before the injury, what options are available to them? Reemployment services How many years from the date of injury can a claim be submitted for workers' compensation benefits? two years and six months ___ benefits are provided when the injury or illness causes any physical, psychological or functional loss and the impairment exists after the date of MMI What OSHA form is used to record all incidents resulting in loss of consciousness, restriction of work or movement, lost work-days, or medical treatment? OSHA Form 300/300A Furnishing employees employment and a place of employment which is free from recognized hazards causing or likely to cause death or serious physical harm is a required under which OSHA clause? The general duty clause What is the fourth area responsibility for an employer per OSHA? OSHA posters must be posted on all job sites where all employees can see them Section 2(b) of the ___ describes its purpose as providing safe and healthful working conditions for every "working man and woman in the Nation" OSH Act What are the three groups that the "OSH Act" excludes? Religious establishments, Employers of household workers, Individuals who do not have "employees" The activities of what individuals are not covered by the Occupational Safety and Health Act? Self-employed An ___ is one who has the right to control and direct his employees, not only regarding the result to be accomplished by the work, but also as to the details and means by which the work objective is accomplished Employer Standard Industrial Classification (SIC) used to rate business risks and ___ for workers compensation, as well as liability and risk insurance Calculate premiums Most employers with no more than 10 employees are exempted from OSHA record keeping logs for injuries and illnesses, with the exemption of? Fatalities or multiple hospitalization accidents The ___ log is used for recording and classifying recordable occupational injuries and illnesses, and for noting the extent and outcome of each case OSHA No. 300/300A, OSHA 301 What are the three forms used for OSHA record Keeping? OSHA No. 300/300A, OSHA 301 In which OSHA form is the additional information entered describing how the accident occurred, listing the objects and substances involved, and indicating the nature of the injury or illness and the part(s) of the body affected? OSHA N0. 301 Where should the injury and illness record logs be kept for an employee not associated with a fixed establishment? At the field office or mobile base of operations or at an establishment How long must an employer retain required OSHA forms? 5 Calendar years following the period to which they relate Who is responsible for maintaining the injury and illness records for employees of other firms or independent contractors, that are temporarily at work in their establishment or on one of their job sites at the time of the injury or illness exposure occurs? The person who is employing those individuals Under the OSHA Act, ___ of an employee is any abnormal condition or disorder, other than one resulting from an occupational injury, caused by exposure to environmental factors associated with employment. Occupational illness Every occupational death, every nonfatal illness, and those nonfatal occupational injuries which involves loss of consciousness or medical treatment (other than first aid) is a ____ Recordable case How are lost days of work for an injured employee counted? By the number of calendar days the employee was unable to work as a result of the injury or illness What is the maximum allowable civil penalty for serious or other-than serious violations? $13,494 What is the maximum allowable civil penalty for willful or repeated violations? $134,937 ____ are those committed with an intentional disregard of, or plain indifference to, the requirements of the OSH Act and regulation? Willful violations What is the base penalty for failure to report a fatality or catastrophe within 8 hours? $13,494 If the contractor only partially abates a violation issued by OSHA within 30 days, how much can the penalty be reduced? By 20 percent to 40 percent What are the exceptions for the requirement of a protective systems when excavating? Where the excavation is in solid rock, nor in excavations that are less than 5 feet in depth How do the manufacturers of Manila rope used for hoisting identify first grade rope? By an identifying mark of some kind Why are synthetic fiber ropes generally not used in rigging? Because of their tendency to stretch under strain and their susceptibility to damage by heat flame and sparks What type of rope would you want to use in a rigging operation that could withstand severe shock loads? Nylon Rope When a rope is used for hoisting or supporting personnel, what safety factor must be used? A safety factor of "10" What type of splice should be used to prevent strands at the end of the rope from unlaying? Back Splice How much do knots, bends and hitchers reduce rope strength? Knots and bends by about 50 percent and hitches by about 25 percent What is the only way riggers can determine the safety, life expectancy and load-carrying ability of the rope? Regularly inspecting every foot of rope What are the two broad categories of wire ropes? Preformed and non-preformed What are the two most commonly used shackles in rigging? The anchor (bow type) and chain (D-type) What are the three essential terms of a construction contract? Quality, time and price What are two types of unlawful contracts? A contact where the contractor is not licensed to perform the work undertaken where a contractor's license is required and a calling for work that is in violation of building code What is the "statutes of limitation" for a written agreement in Florida? Five years How long can the "Statue of Response" extend the "Statue of Limitations" in the event of a latent defect? Not longer than 10 years from completion If the contract is breached for nonpayment of a material amount, by wrongful termination, or some other material breach, what is the contractor ( or subcontractor) permitted to do? Terminate the contract and recovered damages In a breach by the party performing the work, what are the damages that the paying party is entitled to recover? Costs in excess of the contract price that were, or can be proven will be, incurred to achieve full performance The lien on real property and the improvements for unpaid charges in making improvements to real property is defined as a ___ in Florida Construction lien What are the two elements of a construction lien? A debt incurred to improve property, and compliance with the procedure described in the statue When would a contract become void and prevent a contractor from filing a lien? If the work under the contract requires a license and the contractor does not have one What are three important pieces of information that "notice of commencement" provide? The name being improved , and if there is a payment bond What is the only exception that may affect lien rights on a property owned by married persons when only one person signs the contract? The non-signing spouse gives to the contractor and records in the clerk's office notice of his or her objection within ten days of learning of the contract If a contract price is under $2500, who is the only person that has lien rights? The contractor A source of project information for those who need to know information such as property description, property owner, and whether the job has a payment bond can be found in the ___ The notice of commencement When must the notice of commencement be recorded? Before construction starts, but not sooner than 90 days before construction starts How long is a Notice of Commencement effective unless otherwise noted? One year from date of recording If the owner of a project changes contractors, what must happen with the Notice of Commencement? It would require a new notice of commencement What happens if the Contractor is terminated and the owner wishes to complete the job with another Contractor? The owner should follow the procedure in Florida Statue 713.07(4) In the event that there are insufficient funds from the contract price to pay all valid liens, the liens attaching at the same time take what priority? The first priority is the liens of laborers How is lienable work defined? As the furnishing of labor, services or materials for the improvement of real property The Construction Lien Law provides a form of notice to owner. How many additions are allowed to be added to the "Notice to Owner"? Two What purpose does the "Notice to Owner" serve? Inform the owner of lien rights, which parties may invoke them, and allow the owner to verify proper payments to these parties If a lienor is not directly dealing with owner, how many days from lienors first work on the site, with no other materials being delivered, must the owner receive a "Notice to Owner"? 45 days or before the owner makes final payment, whichever comes first What is Privity? "The connection or relationship which exists between two or more contracting parties" Joe contracts with John and John contracts with Frank, who has privity? There is privity between Joe and John, and between John and Frank How many means of serving the "Notice to Owner" and other lien documents are there? Four How long does a lienor have to serve a copy of a lien on the owner after recording a claim? 15 days How long does a claim of lien last? One year from date of recording What is the purpose of an Owner filing a "Notice of Contest of Lien"? To shorten the effective period of the claim lien What is the penalty for knowingly furnishing a false statement regarding the status of payment to subcontractors or suppliers? 3rd degree felony What is the penalty for filing a fraudulent lien? 3rd degree felony Once a lien has been resolved by payment or settlement, what document does the lienor need to record to clear the lien? A satisfaction of lien Who are the three parties to a payment bond? The Obligee, the Principal, and the Surety What is the quickest way to clear a title from a lien, other than to satisfy it? To transfer the lien to a bond or cash deposit What projects are exempt from the requirements to post a payment and performance bond per Florida Statues? Projects for any state , county, municipal, or other public authority where the contract amount is less than $100,000 What is the federal law that requires contractor to post a payment and performance bond? The Miller Act Claimants who are not in privity of contract must serve a "notice of intention to look to the bond for protection" to the contractor within how many days of first furnishing of labor and/or materials? 45 days Which party produces an "Exemptory Payment Bond" and when must it be provided? The contractor, prior to construction For a conditional payment bond to be effective, what type of clause must be included in the subcontractor's contract? A valid contingent payment clause After beginning a project, how long does a contractor have to record a claim of lien? At any time but no later than 90 days after the final furnishing of labor or materials Planning and schedule are two distinct separate operations and planning must always precede scheduling, both of these are ___. Basic ground rules in analyzing a project What are the first tasks prepared by the Project Manager after the award of a contract? The creation of a project, material and equipment schedule Defining the project activities, restraints and developing the job logic table decreases the time needed to develop what? A Critical Path Schedule On a standard subcontract agreement, when does article B apply? When a subcontractor is in default Who should be able to understand construction processes, have communication skills, and be able to interpret contract documents? Field supervisors A lien on real property, in favor of persons supplying labor or materials for a building or structure for the value of labor or materials supplied by them is know as a ___ Mechanic's lien What is the metric equivalent to a 1/2" 10 mm Government regulations do not clearly assign environmental compliance responsibilities to the Owner or the Contractor, however both can be held liable for ____ Failure to comply What is the maximum allowed, per day penalty for Environmental Non-Compliance? $10,000 per day per violation What must be done prior to putting fuel in an above ground petroleum storage tank with a capacity of 600 gallons? You must register the tank with FDEP within 30 days of putting product into the tank F.A.C. 62-604.550 requires notifications to the FDEP for "all" accidental discharges of a broken or severed sewer line within how many hours of an event? 24 hours If a contractor is planning to burn the debris from clearing the land, the burner must obtain a authorization from where? The Florida division of Forestry What are four most common types of business structures? Sole Proprietorship, Partnership, Joint Venture & Corporation The accounting equation known as Assets equals Liabilities and Equity How often is a certified or registered contractor required to renew licensure? Every Two Years What must occur before law enforcement can be dispatched, if a residential or commercial intrusion/burglary alarm with central monitoring services receives an alarm? Attempt to confirm the alarm signal by call, text, or other electronic means made to the owner, occupant or authorized designee How many days does a business have to obtain a qualifying person if they lose their previous qualifier? 60 Days What action must a septic contractor take after the installation of a new septic tank before covering it with earth and placing it into service? Notify the county health department and have the system inspected The amount a company spends to provide goods and services to its customers is known as? Expenses A licensed fire alarm company interviewed a 17 year old high school drop out for a fire alarm agent position. A background check reveals that he was convicted of possession of a controlled substance four years ago. Should the company hire this individual? No, the minimum age is at least 18 years old How many members does the construction licensing board consist of? 18 If an applicant is employed as an alarm system agent, and does not complete the training or receive a satisfactory criminal background check within 90-day period, what must the sponsoring licensed contractor do? The employment must be terminated immediately Within how many minutes of activation must an "audible alarm" signal terminate? 15 minutes What are three means to establish evidence that the applicant possesses the ability to properly supervise construction activities when qualifying an additional business entity? Owns 20% or more of the business; Receives a W-2; or provides evidence of the means and methods utilized to ensure control over the construction work. 61G4-15.015 provides for the certification of what type of structure contractors? Specialty Structure Contractors What is the minimum distance a sewage system can be located from a private potable well or multi- family water system? 75 feet The matching of expenses with the revenues that they helped generate is called the ____? Matching concept What is an entity comprised of at least one general partner and has one or more limited partners? Limited Partnership If the qualifying agent ceases to be affiliated with a business, how long does the business have to notify the DBPR? 60 days According to 489, the fee for an applicant submitting an initial application may not exceed how much? $150 If the board imposes a civil penalty for a violation of Chapter 489, F.S., or of the rules, how many days does the contractor have to pay the penalty imposed to remain in compliance? 30 days According to the administrative code, if a business has a financially responsible officer other than the qualifier, what additional requirement must they also demonstrate? A bond or irrevocable letter of credit, in the amount of $100,00 payable to the board for fines and costs What may the board require as an additional penalty, if they find that a contractor committed a violation because of lack of knowledge or understanding of the laws and rules? Additional continuing education hours in excess of the credit hours required for biennial renewal What two areas of violations, does the "board" consider appropriate for mediation? License number not listed where required & any complaint that is based on non-completion of contract for not having a final inspection done What is the estimated gallons per day for a residence with 4 bedrooms and 3000 SQ ft of building area to determine the size sewage system? 400 gallons per day What does the term "call verification method" refer to? The monitoring facility personnel making two or more attempts to make contact prior to dispatch What is the fee for a site evaluation by the County Department of Health? $115 A statement which shows the earnings earned over any particular period of time is called an ____? Income statement What type of business structure should be formed for a single transaction with two or more entities seeking a profit? Joint venture Where is a licensed contractor required to place the state issued license number? On all building permits & any advertisements including vehicles How much could a contractor be fined for committing fraud or deceit in the field of contracting? $2,500 - $10,000 What information may be included in the periodical published by the department? A summary of final orders resulting in fines, suspensions, or revocations What is the purpose of the Florida Homeowners' Construction Recovery fund? It is a fund for homeowners to recover payments, up to a limited amount Applicants for "General or building contractor" must have commercial experience in what specific areas? Foundations or Slabs in excess of twenty thousand (20,000) square feet, masonry walls, steel erection, elevated slabs, precast concrete structures, column erection, formwork for structural reinforced concrete If a person wishes to become a "Certified Electrical Contractor" what percentage of their expense must be in 3-phase service? 40% The recording of business and financial data in a prescribed manner is known as ___? Bookkeeping Where are transactions recorded before they are recorded on the financial statements and why? In a journal What business structure is the most expensive to organize? Corporation After how many days of no activity on a job site, without just cause, would a project be considered abandoned? 90 days Based on the definition of a "building Contractor" in Florida State Statute 489, what construction services is a "Building Contractor" limited to? Commercial buildings and single-dwelling or multiple-dwelling residential buildings, up to three stories in height If an electrical contractor is found to be in noncompliance of "Chapter 440" they must provide a certification of compliance and pay an administrative fine of ___? $500 If a contractor fails to include a certification number when submitting an advertisement for publication, what is the minimum fine the board will assess? $100 A "joint venture" of one or more participants, who are not licensed contractors, must sign a "statement of authority" giving which party full authority to conduct contracting activities? The licensed contractor What is the minimum policy limit for public liability insurance for electrical contractors? $100,00 per person, $300,00 per occurrence ____ is primarily concerned with design of the system of records, the preparation of reports based on the recorded data, and the review and interpretation of the reports Accounting Current and fixed assets, current and long-term liabilities, and equity are categories found in ___? The balance sheet Which business structure has the possibility of double taxation? Corporation What is one key difference between a Corporation and an "S" corporation? Provisions allow shareholders to absorb all corporate income or losses as partners and report it as individual taxpayers How long is a Fictitious name registration valid? 5 years A person may engage in business under a fictitious name by registering the name with who? The Division of Corporations What must a partnership, joint venture, corporation do before engaging in the business of contracting? Apply for a license through a qualifying agent What are the duties of an effective manager? Planning, organizing, directing, controlling, standardizing, assigning and communicating effectively What is meant by a "termination" of a partnership? The point in time when all the partnership affairs are wound up What are the two types of formal dissolution of a corporation? Voluntary and Involuntary What type of permit does the U.S. Army Corps of Engineers Jacksonville District or the Florida Department of Environmental regulation provide when required? Construction across navigable waters Which Florida Statute provides for the license & regulation of all contractors? Chapter 489 What are the responsibilities of the professional boards? Determine licensing eligibility, investigate complaints against licensees and take disciplinary action Where can a registered contractor perform work? In the jurisdiction that issued the license or in areas that recognize the certification Where may a certified contractor work? In any city, county or district in the state To become licensed as a certified construction contractor, an applicant must submit an application and pass an examination administered by? Department of business and professional regulation What is the minimum age for obtaining a contractor's license? 18 What happens if an applicant for a certified Electrical or Alarm system contractor fails the test three times? They must complete additional courses in the areas of deficiency, submit new application and pay appropriate fees What is required for an employee of a licensed plumber working on a medical gas installation? 8-hours of both classroom and practical work medical gas course