Practice test

Contractor License Practice Exam 11

Premium contractor license practice exam 11 with 25 intermediate questions on liens, bonding, markup math, and IBC code, plus instant scoring and explanations.

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These questions are for study practice only and are not official exam questions.

Question 1

1

A subcontractor on a private project in a state with a 90-day lien deadline last furnished labor on March 1. What is the last day to record the mechanic's lien claim, counting 90 days?

Question 2

2

A prime contract requires commercial general liability with a $1,000,000 per-occurrence limit and a $2,000,000 general aggregate. After one $1,000,000 claim is paid, how much aggregate remains for other unrelated claims that policy year?

Question 3

3

A contractor's direct job cost is $80,000. The company needs 15% net profit on the selling price and figures fixed overhead at 10% of the selling price. What selling price meets the target?

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