Licensed Electrical Contractor Business Law and Safety 2

Question 1

Under OSHA's lockout/tagout (LOTO) standard 29 CFR 1910.147, which employee is authorized to remove a lockout device?

Accepted Answer

Only the employee who applied the lock

Answer

Any qualified electrician on the job site

Answer

The job site supervisor

Answer

The safety officer

Question 2

A licensed electrical contractor operating as a sole proprietor is personally liable for business debts. Which business structure would best protect personal assets?

Accepted Answer

Limited Liability Company (LLC)

Answer

General partnership

Answer

Sole proprietorship

Answer

Joint venture

Question 3

Which NEC article primarily governs the installation of services and service entrance equipment?

Accepted Answer

Article 230

Answer

Article 210

Answer

Article 240

Answer

Article 250

Question 4

A contractor's employee is injured on a job site. Workers' compensation insurance primarily covers which of the following?

Accepted Answer

Employee medical expenses and lost wages

Answer

Damage to third-party property

Answer

The contractor's legal defense costs

Answer

Equipment replacement costs

Question 5

Under the Fair Labor Standards Act (FLSA), non-exempt employees who work more than 40 hours in a workweek must be paid at least:

Accepted Answer

1.5 times their regular rate of pay

Answer

Regular pay plus a 25% bonus

Answer

Double their regular rate of pay

Answer

Regular pay with a compensatory day off

Question 6

When must a contractor obtain a permit before starting electrical work?

Accepted Answer

As required by the local Authority Having Jurisdiction (AHJ)

Answer

Only for work valued over $5,000

Answer

For all new construction but not repairs

Answer

Only when working on commercial properties

Question 7

Which form of contract dispute resolution is typically binding and conducted outside of court by a neutral third party?

Accepted Answer

Arbitration

Answer

Mediation

Answer

Negotiation

Answer

Litigation