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Question # 40

When is a down payment legally limited to 10% of the contract price or $1,000, whichever is less?

Options:

A.

All commercial projects

B.

All public works projects

C.

All residential home improvement projects

D.

All projects under $500

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General Contractor License Overview

Name General Contractor License
Code General Contractor License
Vendor Construction and Industry
Certification State Licensing Boards

General Contractor License Questions