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Business Law and Safety Flashcards

7 cards from real Licensed Electrical Contractor practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Business Law and Safety flashcards as text
  1. A subcontractor's bond that guarantees the subcontractor will complete the work per the contract is called a:

    Answer: Performance bond

    A performance bond guarantees that the bonded contractor will complete the project according to the contract terms, protecting the project owner if the contractor defaults.

  2. According to OSHA standards, a written Hazard Communication (HazCom) program must include all of the following EXCEPT:

    Answer: Monthly inspection reports for all chemicals

    OSHA's HazCom standard (29 CFR 1910.1200) requires labels, SDS, and employee training, but does not mandate monthly inspection reports.

  3. When calculating the bid price for a project, a contractor should include overhead costs such as:

    Answer: Office rent, insurance, and administrative salaries

    Overhead costs are indirect business expenses not tied to a specific project, such as office rent, insurance premiums, and administrative staff salaries.

  4. Under the Americans with Disabilities Act (ADA), which type of electrical contractor business is covered by Title I employment provisions?

    Answer: Employers with 15 or more employees

    ADA Title I applies to employers with 15 or more employees, prohibiting discrimination against qualified individuals with disabilities in all aspects of employment.

  5. Which document serves as the primary legal agreement between an electrical contractor and a property owner for a specific project?

    Answer: Written contract or construction agreement

    A written contract or construction agreement is the binding legal document that defines the scope, price, timeline, and obligations of both parties.

  6. Under NEC 110.26, the minimum required working clearance in front of electrical equipment operating at 120V to ground in a Condition 1 environment is:

    Answer: 3 feet

    NEC 110.26(A)(1) requires a minimum working clearance of 3 feet for equipment operating at 0-150V to ground in a Condition 1 environment.

  7. A contractor who willfully violates an OSHA standard may face a penalty of up to how much per violation?

    Answer: $156,259

    As of recent inflation adjustments, OSHA willful violation penalties can reach up to $156,259 per violation, reflecting Congressional increases and annual adjustments.

Business Law and Safety Flashcards โ€” Licensed Electrical Contractor Study Cards with Answers