Free General Portion Practice Questions
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Sample Practice Questions
Try these 10 sample questions from the General Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.
1Who manages a Virginia stock corporation at the governing level and collectively elects officers for day-to-day operations?
- A. Its board of directors
- B. Its registered agent
- C. Its lien claimants
- D. Its designated employee alone
2A Virginia public-construction bidder omitted a quantity while compiling a good-faith bid. What type of mistake can support withdrawal under § 2.2-4330?
- A. An unintentional clerical omission shown by original work papers
- B. A later change in market judgment unsupported by work papers
- C. A deliberate low estimate intended to win the award
- D. A post-opening preference for a different profit margin
3Before starting residential contracting work or accepting payment in Virginia, what must happen to the written contract?
- A. The consumer and licensee or licensee's agent must sign it
- B. The building official must notarize it
- C. The mechanics' lien agent must record it
- D. The surety must approve it
4When are Virginia construction documents normally submitted to the local building department?
- A. With the permit application
- B. After the footing inspection
- C. With the occupancy request
- D. After the permit expires
5What risk does a bid bond on a Virginia public construction bid principally address?
- A. The successful bidder's failure to enter the awarded contract
- B. The owner's failure to issue a certificate of occupancy
- C. A worker's uncompensated jobsite injury
- D. Defective materials after project warranty
6Who must conduct the frequent and regular safety inspections required of a construction contractor?
- A. A competent person
- B. A federal compliance officer
- C. The project's bond surety
- D. The local mechanics' lien agent
7How often must a Virginia employer pay ordinary salaried employees, excluding executive personnel?
8How do Virginia contractor regulations define net worth?
- A. Assets minus liabilities
- B. Revenue minus direct labor
- C. Cash receipts minus cash payments
- D. Contract value minus retainage
9For Virginia retail sales and use tax, how is a real-property contractor generally treated regarding materials it installs?
- A. As the end consumer of the materials
- B. As a tax-exempt wholesaler of the materials
- C. As the customer's collection agent for every installation
- D. As a marketplace facilitator for the supplier
10A Virginia general contractor last furnished labor in a given month. What is the normal outside filing period measured from that month's last day for a memorandum of mechanics' lien?
Topics in this practice bank
These topics describe the available practice for General Portion. Review the examination outline and its sources for scope and allocation details.
- Business Organization
- Estimating and Bidding
- Contract Management
- Project Management
- Risk Management
- Safety
- Labor Laws
- Financial Management
- Federal and State Taxes
- Lien Laws
How to use these free practice questions
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These are independent study questions, not actual examination items. For examination requirements and official information, view General Portion details.