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Typical Questions from GranteesContractors  Form

Typical Questions from GranteesContractors Form

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five example questions you might get on your state exam on a time and material job you should a not charge for profit and overhead B add profit and overhead to labor only C add profit and overhead to materials only or d add profit and overhead to labor and materials correct answer is D you should always add profit and overhead to labor and materials question number two a subcontractor who does not serve a preliminary notice a may not serve a stop notice but may file mechanics lien B may not file a mechanics Lane but may serve a stop notice C loses both stop notice and mechanics lien rights or D loses nothing because subcontractors are not required to serve preliminary notices the correct answer is C loses both stop notice and mechanics lean rights question number three before beginning work an employer or contractor must inquire whether the asbestos is present in any building constructed prior to a 1975 B 1978 C 1985 or D 1990 the correct answer is B 1978. question number four how many

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