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Vermont Contractor License Practice 11

Practice 11 for Contractor License Exam learners in Vermont: 25 questions, explained answers, and a review routine.

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Question 1

1

A subcontractor completes rough framing on a commercial project. The general contractor then verbally requests additional blocking that was not in the original contract. The subcontractor completes the extra work. Under standard contract law, which document should the subcontractor have obtained BEFORE starting the extra work?

Question 2

2

An employee's gross weekly wage is $1,000. The employer must match the employee's Social Security and Medicare (FICA) contributions. Assuming a combined FICA rate of 7.65%, how much does the employer owe in matching FICA taxes for that employee in one week?

Question 3

3

A contractor's annual overhead costs total $150,000. The company projects $600,000 in direct labor costs for the year. What overhead rate should the contractor apply to direct labor when pricing each job?

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