Exam175

Master Your Georgia Business & Law Exam with Our Free Practice Test!

Ready to gain the confidence needed to pass your Georgia contractor license exam? Our expertly designed practice tests replicate the exact format and pressure of the real Georgia Business and Law exam while teaching you essential reference material navigation and time management skills

Exam Details

Time Limit
30 minutes

Questions
12 randomly selected

Question Bank
100 unique questions

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Format: Open-book, just like the real exam

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1 / 12

The penalty for late tax deposits between 1-5 days is__________.

A) 2%

B) 100%

C) 5%

D) 10%

2 / 12

Generally, which of the following is not a business tax?

A) Income tax

B) Self-employment tax

C) Employment tax

D) Property tax

3 / 12

_________________ is not a key characteristic of a partnership.

A) Formed with an oral agreement

B) Keep separate bank accounts for business necessities

C) All owners have personal liability

D) Continuance of organization in the event of death of a partner

4 / 12

The architect issues a ___________________ for final payment and once structure can be used for its intended purpose.

A) Certificate of Substantial Completion

B) Certificate of Occupancy

C) Temporary Certificate of Occupancy

D) Certificate of Compliance Occupancy

5 / 12

A/an __________________ is responsible for FLSA recordkeeping.

A) Architect

B) Employer

C) Lawyer

D) Accountant

6 / 12

If an employee earns $10.00 per hour for a 50-hour week, how much is the over-time premium?

A) $50

B) $150

C) $500

D) $550

7 / 12

If any qualifying agent ceases to be affiliated with the business it has qualified for licensure, the business shall have ________ days to employ another qualifying agent.

A) 30

B) 60

C) 90

D) 120

8 / 12

When negotiating, one should ___________.

A) Aim low

B) Aim high

C) Be non resilient

D) Be non complying

9 / 12

Depreciation is considered a _____________ expense.

A) Non cash

B) Cash

C) Value

D) Unnecessary

10 / 12

A/an __________________ is responsible for FLSA recordkeeping.

A) Architect

B) Employer

C) Lawyer

D) Accountant

11 / 12

The _____________ pays workers' compensation insurance.

A) Property owner

B) Building contractor

C) Employer

D) Employee

12 / 12

A(n) _________________ is issued prior to the execution of a contract.

A) Addendum

B) Change order

C) Modification

D) Insurance policy

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Master Your Georgia Business & Law Exam with Our Free Practice Test!

Exam Details

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