Free contractor license practice exam 1 with 25 beginner questions on contracts, estimating, and building code, plus instant scoring and answer explanations.
These questions are for study practice only and are not official exam questions.
Question 1
1
A written contract is generally required under the statute of frauds when the work cannot be completed within one year. What is the primary purpose of the statute of frauds?
Question 2
2
A contractor's job costs are $10,000 and they apply a 20% markup. What is the selling price?
Question 3
3
The International Building Code (IBC) primarily governs:
Question 4
4
A mechanic's lien gives an unpaid contractor a security interest. The lien attaches to which of the following?
Question 5
5
A job sells for $12,000 with $10,000 in costs. What is the gross profit margin?
Question 6
6
The International Residential Code (IRC) applies to:
Question 7
7
A subcontractor without a direct contract with the owner usually must serve which document early to preserve mechanic's lien rights?
Question 8
8
To achieve a 25% gross margin on a job, a contractor should multiply costs by approximately what markup factor?
Question 9
9
A building permit is generally required before:
Question 10
10
Which lien waiver type releases lien rights only for work already paid for, not future work?
Question 11
11
Overhead costs in a construction estimate are best described as:
Question 12
12
The purpose of a footing under a foundation is to:
Question 13
13
Which statement best describes the role of a surety in a construction bond?
Question 14
14
Labor burden refers to:
Question 15
15
Foundation footings must generally be placed:
Question 16
16
A performance bond primarily protects the owner against which risk?
Question 17
17
A worker earns $25/hour and the labor burden is 30%. What is the fully burdened hourly cost?
Question 18
18
What is the primary purpose of a building inspection during construction?
Question 19
19
A payment bond on a public project primarily protects whom?
Question 20
20
Quantity takeoff is the process of:
Question 21
21
A certificate of occupancy is issued when:
Question 22
22
Workers' compensation insurance is best described as a system that provides what?
Question 23
23
A room is 12 ft by 15 ft. How many square feet of flooring are required (ignore waste)?
Question 24
24
Means of egress in a building refers to:
Question 25
25
The minimum width of an interior residential stairway under the IRC is generally:
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