CFC CFC Business Operations & Licensing

Question 1

What type of license is typically required to legally operate as a fence contractor in most US states?

Accepted Answer

Specialty or subcontractor license specific to fencing

Answer

General contractor license

Answer

Electrical contractor license

Answer

Landscaping license

Question 2

Which document outlines the scope of work, payment terms, and project timeline between a fence contractor and a client?

Accepted Answer

Written contract

Answer

Building permit

Answer

Site survey

Answer

Material receipt

Question 3

What is the primary purpose of carrying general liability insurance as a fence contractor?

Accepted Answer

To protect against property damage and injury claims

Answer

To cover employee wages

Answer

To pay for material costs

Answer

To obtain a business license

Question 4

In most US states, workers' compensation insurance is required when a fence contractor employs how many workers?

Accepted Answer

At least one employee

Answer

More than 10 employees

Answer

More than 5 employees

Answer

Only full-time employees

Question 5

A contractor's surety bond primarily protects:

Accepted Answer

The client if the contractor fails to complete the job

Answer

The contractor from business losses

Answer

Employees from workplace injuries

Answer

Materials from theft

Question 6

Which federal agency requires fence contractors with employees to maintain OSHA 300 injury and illness logs?

Accepted Answer

OSHA

Answer

EPA

Answer

FHWA

Answer

SBA