Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

NC Biz Law Exam > Biz Law exam > Flashcards

Biz Law exam Flashcards

1
Q

Question

A

Answer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A contractor is responsible for?

A

Securing the permit to build E-2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

You must have a license for?

A

Any project over $30,000 E-2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

How Many memebers are on the licensing board?

A

There are 9 members, 5 GC, 1 Engineer, 3 Public. E-2

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

List license fees

A

Exam Fee - $100, Unlimited - $125, Intermediate - $100, Limited - $75 E-5

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How many days to replace qualifier?

A

90 days to replace qualifier E-6

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

License renewal dates and fees

A

License expires 12/31, Standard fees, Invalid after 60 days, late fee $10 per month E-6

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Renewal process after 4 years?

A

Start over with a new application process E-7

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

A foreign corporation shall do what to obtain license?

A

Obtain certificate of authority from the Secretary of state E-7

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How many hours of continuing ed each year?

A

8 Hours 87-10

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

The board can revoke your license for what?

A

Fruad or deceit in obtaining a license - Negligence incompetence or misconduct 87-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Who can prefer charges of fruad, negligence or misconduct?

A

Anyone 87-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The board may re issue a license if…

A

Five or more board members vote in favor 87-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The max amount the board can recover in admin cost?

A

$5,000 87-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Unauthorized practice is…..?

A

A misdemeanor 87-13

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Building classifications do not include?

A

Grading and excavation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Net worth required for a limited license?

A

$80,000 F-9

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What can take the place of net worth?

A

A surety bond F-9

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

How many days to report a bond has been cancelled?

A

30 Days F-10

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

A person may serve as qualifier for?

A

No more than 2 licensees F-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

How long to notify board the qualifier is not connect to licensee?

A

10 Days to notify board F-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

How many hours per week must a qualifier work?

A

20 hours per week F-11

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Must a construction manager be licesnsed?

A

Yes F-12

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

If a licesee files for bankruptcy how many days to notify board?

A

Within 30 days of filing F-19

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

How many days to notify board of address change?,

A

30 Days F-20

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Materials and labor definition?

A

Materials furnished or labor performed in the prosecution of the work called for by the construction contract

27
Q

A performance bond is required when?

A

A 100% bond is required on all projects over $500,000 G-1

28
Q

How long to file a claim?

A

120 days from the last date labor was performed G-2

29
Q

What are actions on a payment bond?

A

No action can be taken on a payment bond after 12 months G-2

30
Q

How many days to provide a certified copy of payment bond?

A

10 days upon request G-3

31
Q

The magic number for sepraprime bids?

A

Less than $25,000 H-2

32
Q

How many hours to withdraw a bid?

A

72 hours to withdraw a bid H-16

33
Q

When are permits required?

A

Refer to J-5

34
Q

What is the time frame to appeal a stop work order

A

Within 5 days of the written issue of stop work J-7

35
Q

A hearing for inspection issues will be held, when?

A

No later thn 10 days after notice of violation

36
Q

Payment from owner to contractor is not what?

A

A condition precident to pay subcontractor L-1

37
Q

How long to pay a subcontractor?

A

Within 7 days of contractor receiving final payment L-2

38
Q

Penalty is payment is not made within 7 days?

A

1% per month starting on the 8th day L-2

39
Q

Who is entitled to a claim of lien?

A

Any person who performs or furnishes labor or materials pursuant to a contract M-1

40
Q

When is a lein agent required?

A

On projects exceeding $30,000

41
Q

When and where do you file a lien claim?

A

Within 120 days of last furnished labor at the clerk of the court M-2

42
Q

How long to enforce a lien?

A

No enforcement of a lien claim after 180 days M-4

43
Q

What is the priority of liens?

A

Refer to M-11

44
Q

False statements are what?

A

A class 1 misdemeanor

45
Q

Payments are made to whom?

A

Payments are made to the contractor name on license not to qualifier

46
Q

811 has how many days to mark underground facilites?

A

811 has three days after work order has been submitted

47
Q

Timing for 811 notifications

A

no less than 3 days and not more than 12 days prior to excavation. If markings aren’t present call 811 again

48
Q

811 Utility type color codes

A

Refer to 811 page 16

49
Q

811 Notifications

A

Refer to 811 pages 20-25

50
Q

How long are 811 notifications good for?

A

15 days

51
Q

Definition of sedimentaion per code title 15A

A

The process by which sediment resulting from accelerated erosion is being transported off site of land disturbing activity into a lake or water course.

52
Q

Definition of sedimentaion per code title 113A

A

A solid particle matter, both mineral or organic that has been or is being transported from its site of origin

53
Q

Title 113A does not include what activities?

A

Farming, Forestry and permited mining

54
Q

According to title 113A, who oversees water quality in NC?

A

The department of agriculture and consumer services

55
Q

How long does the commision have to approve a sediment control plan?

A

Within 30 days of receipt of filing

56
Q

How much are sedimant control aplication fees?

A

$65 per acre

57
Q

What is the sedimant buffer zone for trout waters?

A

25 feet or 25% buffer of nearest land

58
Q

How many days to manage erosion on sloped areas

A

Within 21 days of grading

59
Q

How long to start grading after the submision of sediment control plan?

A

No less than 30 days after filing

60
Q

How long does local governement have to approve sediment control plan?

A

30 days

61
Q

A person ha what right if a sediment control plan is denied?

A

To request a ahearing within 15 days

62
Q

Maximum civil penalty for title 113 violation?

A

$5,000

63
Q

Violation of title 113A is what kind of offence?

A

Class 2 misdemeanor

64
Q

A stop work order can be issued for land disturbing activity if?

A

There is violation of title 113A

NC Biz Law Exam (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions