Free MHIC Education Test 3

A salesperson has obtained a signed contract and a deposit for a building a deck, subject to acceptance by the contractor. The contractor elects not to accept the contract. When must he return the deposit to the owner.

Within 11 working days of the date of the contract

Within 10 working days of the date of the contract

Within 12 working days of the date of the contract

Within 15 working days of the date of the contract

Correct! Wrong!

Example of not a door to door sale?

Sale of a $100 investment advisory program via credit card purchase over the internet

Sale of a $200 investment advisory program via credit card purchase over the internet

Sale of a $300 investment advisory program via credit card purchase over the internet

Sale of a $400 investment advisory program via credit card purchase over the internet

Correct! Wrong!

A buyer has canceled a sale within the allowable time period. When must any goods or property traded in be returned?

Within 5 business days after the seller receives the cancellation notice

Within 10 business days after the seller receives the cancellation notice

Within 15 business days after the seller receives the cancellation notice

Within 20 business days after the seller receives the cancellation notice

Correct! Wrong!

Home Improvement contractor John Jones and company is changing the name of his firm to John Jones and son. When must he notify the Home Improvement Commission?

Within 20 days of the change

Within 30 days of the change

Within 10 days of the change

Within 15 days of the change

Correct! Wrong!

A contractors representative makes a door to door sale at 10:30am, Wednesday, December 23rd. The salesperson doesn't turn in the sale contract until December 28th. When is the latest the buyer may exercise their right to cancel?

Midnight December 28th

Midnight December 27th

Midnight December 29th

Midnight December 30th

Correct! Wrong!

An individual seeking a Home Improvement contractors license was denied by the Home Improvement commission due to failure to provide the required financial information. Following a hearing the denial was reaffirmed. How longs must he wait before he may reapply for a license.

6 months

5 months

7 months

4 months

Correct! Wrong!

A salesperson currently working for two contractors resigns from one of his employers to accept employment with another contractor. Who is responsible for notifying the Maryland home improvement commission of his resignation?

The former employer

The former contractor

The former salesperson

The former applicant

Correct! Wrong!

A claim against the Home Improvement Guaranty Fund must be brought to the commission within what period of time?

Within 5 years of discovering the loss or damage

Within 6 years of discovering the loss or damage

Within 4 years of discovering the loss or damage

Within 3 years of discovering the loss or damage

Correct! Wrong!

What is the license application fee for a salesperson license?

$130

$120

$150

$140

Correct! Wrong!

An owner and a contractor prepare a false certificate of completion for presentation to the contractors bank to obtain additional credit. What is the maximum penalty upon conviction?

A $5,000 fine and imprisonment up to 6 years for the contractor and the owner

A $5,000 fine and imprisonment up to 5 years for the contractor and the owner

A $5,000 fine and imprisonment up to 2 years for the contractor and the owner

A $5,000 fine and imprisonment up to 3 years for the contractor and the owner

Correct! Wrong!

The Home Improvement Commission has issued a proposed order to pay a claim of $2,000 against a contractor, with a copy delivered to the contractor. The contractor is required to respond within what period of time if he wishes to appeal or contest the award.

23 days

25 days

21 days

22 days

Correct! Wrong!

A salesperson has obtained a signed contract and a deposit for a building a deck, subject to acceptance by the contractor. The contractor elects not to accept the contract. When must he return the deposit to the owner.

Example of not a door to door sale?

A buyer has canceled a sale within the allowable time period. When must any goods or property traded in be returned?

Home Improvement contractor John Jones and company is changing the name of his firm to John Jones and son. When must he notify the Home Improvement Commission?

A contractors representative makes a door to door sale at 10:30am, Wednesday, December 23rd. The salesperson doesn't turn in the sale contract until December 28th. When is the latest the buyer may exercise their right to cancel?

An individual seeking a Home Improvement contractors license was denied by the Home Improvement commission due to failure to provide the required financial information. Following a hearing the denial was reaffirmed. How longs must he wait before he may reapply for a license.

A salesperson currently working for two contractors resigns from one of his employers to accept employment with another contractor. Who is responsible for notifying the Maryland home improvement commission of his resignation?

A claim against the Home Improvement Guaranty Fund must be brought to the commission within what period of time?

What is the license application fee for a salesperson license?

An owner and a contractor prepare a false certificate of completion for presentation to the contractors bank to obtain additional credit. What is the maximum penalty upon conviction?

The Home Improvement Commission has issued a proposed order to pay a claim of $2,000 against a contractor, with a copy delivered to the contractor. The contractor is required to respond within what period of time if he wishes to appeal or contest the award.

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A salesperson has obtained a signed contract and a deposit for a building a deck, subject to acceptance by the contractor. The contractor elects not to accept the contract. When must he return the deposit to the owner.

Example of not a door to door sale?

A buyer has canceled a sale within the allowable time period. When must any goods or property traded in be returned?

Home Improvement contractor John Jones and company is changing the name of his firm to John Jones and son. When must he notify the Home Improvement Commission?

A contractors representative makes a door to door sale at 10:30am, Wednesday, December 23rd. The salesperson doesn't turn in the sale contract until December 28th. When is the latest the buyer may exercise their right to cancel?

An individual seeking a Home Improvement contractors license was denied by the Home Improvement commission due to failure to provide the required financial information. Following a hearing the denial was reaffirmed. How longs must he wait before he may reapply for a license.

A salesperson currently working for two contractors resigns from one of his employers to accept employment with another contractor. Who is responsible for notifying the Maryland home improvement commission of his resignation?

A claim against the Home Improvement Guaranty Fund must be brought to the commission within what period of time?

What is the license application fee for a salesperson license?

An owner and a contractor prepare a false certificate of completion for presentation to the contractors bank to obtain additional credit. What is the maximum penalty upon conviction?

The Home Improvement Commission has issued a proposed order to pay a claim of $2,000 against a contractor, with a copy delivered to the contractor. The contractor is required to respond within what period of time if he wishes to appeal or contest the award.

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