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

OSHA requires that only the employee who applied the lockout device may remove it, except under specific procedures when that employee is unavailable.

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

An LLC separates personal assets from business liabilities, shielding the owner's personal property from business debts and lawsuits.

Question 3

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

Accepted Answer

Article 230

Answer

NEC Article 230 covers services, including service conductors, service equipment, and related installation requirements.

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

Workers' compensation insurance covers medical treatment and a portion of lost wages for employees injured on the job, regardless of fault.

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

The FLSA mandates that non-exempt employees receive overtime pay at 1.5 times their regular rate for all hours worked beyond 40 in a workweek.

Licensed Electrical Contractor Practice Test

Licensed Electrical Contractor Practice Test

Licensed Electrical Contractor Business Law and Safety 2