CR - Certified Remodeler Practice Test
CR CR Legal & Regulatory Compliance
What is the primary purpose of a contractor's license bond in the United States?
Select your answer
A
To cover the contractor's health insurance costs
B
To protect consumers from financial harm caused by a contractor's failure to complete work or comply with laws
C
To guarantee the lowest bid on public projects
D
To provide liability insurance for subcontractors
Hint