Georgia Business and Law - Online Exam Prep Course

Georgia Business and Law - Online Exam Prep Course

If you’re applying for a Georgia Residential or General Contractor license, the Business & Law exam is a required step. This online exam prep course is built to help you study efficiently, understand what the exam is really testing, and practice applying business, law, and project-management concepts the way they appear on the PSI exam.

You’ll work through the same nine subject areas listed in the PSI candidate bulletin—so you can build confidence in the rules, terms, and scenarios that show up on test day. If you’re taking a trade exam too, this course also helps you keep Business & Law on track so you can meet Georgia’s exam timeline requirements.

Exam Details

• Exam name: Georgia Business & Law Exam
• Testing provider: PSI
• Number of questions: 50
• Time limit: 120 minutes
• Minimum passing score: 70% (35 correct)
• Exam fee: $60
• Content areas: Licensing Requirements; Estimating and Bidding; Business Organization and Financial Management; Tax Laws; Labor Laws; Project Management and Lien Law; Contracts; Risk Management; Environmental and Safety

Open Book Test

The Georgia Business & Law exam is an open-book exam. PSI allows specific reference material in the examination center, and the exam rules allow materials to be highlighted, underlined, and/or indexed—but not written in or stuffed with loose/attached papers. Permanent tabs are permitted, while temporary tabs (like Post-It notes) are not allowed and must be removed before testing begins.

Licensing Steps

1. Choose your license path: Georgia contractor licensing is handled through the State Licensing Board for Residential and Commercial General Contractors.
2. Apply through the state’s online portal: Georgia’s licensing division directs applicants to submit applications online (paper applications are no longer accepted).
3. Receive exam approval: Eligibility to test is determined by the Board, and PSI testing is scheduled after approval.
4. Schedule with PSI: Once approved, schedule your Business & Law exam with PSI at an authorized testing center.
5. Pass required exams within the eligibility window: Georgia’s PSI bulletin states you are eligible to take the exam(s) for 1 year from the date of your exam approval letter, and you must pass both the Business & Law and your trade exam within that eligibility period (if a trade exam is required for your license type).

State Requirements

Georgia’s licensing board uses multiple application types (for example, individual vs. qualifying agent, examination vs. reciprocity). Requirements and document checklists vary by license type and application path.

Based on the Georgia Secretary of State “How-To Guide” pages for contractor licensing, application checklists can include items such as affidavits, work experience and project references, and additional financial/insurance-related documentation depending on the license path (for example: net worth affirmation, credit references/line of credit, surety bond documentation, and insurance items where applicable). Always follow the checklist that matches the exact application you select in the state portal.

Reference Books

• Georgia-NASCLA Contractors Guide to Business, Law and Project Management (3rd Edition)
  This is the reference listed by PSI for the Georgia Business & Law exam and the material allowed in the examination center for this open-book test.

Test Information and Study Materials

• Exam strategy for open-book testing: Open-book does not mean “easy.” The key is knowing where answers live and practicing fast navigation (indexing and clean tabbing) so you can move through questions confidently within 120 minutes.
• Book rules matter: PSI rules allow highlighting/underlining/indexing but prohibit writing in the book and prohibit loose/attached papers. Only permanent tabs are allowed; temporary tabs must be removed.
• Calculator rule: PSI permits a silent, nonprinting, nonprogrammable calculator in the examination center.
• Focus areas (by PSI outline): Expect questions across licensing requirements, bidding/estimating, business organization & financial management, taxes, labor laws, lien law & project management, contracts, risk management, and environmental/safety topics.

How 1 Exam Prep Helps You Reach Your Goal

1 Exam Prep supports your Georgia Business & Law preparation with structured, exam-focused study guidance—so you can spend less time guessing what matters and more time building real test-day readiness.

• Organized coverage of PSI’s content outline: Study in the same categories PSI tests, so your effort stays aligned to the exam.
• Practice-oriented preparation: Reinforce key concepts through review and repetition designed to strengthen recall and decision-making under time pressure.
• Reference navigation support: Because this is an open-book exam with strict reference rules, we emphasize practical ways to learn where information is located and how to find it quickly.
• Confidence-building structure: A clear plan helps you avoid last-minute cramming and keeps you moving toward scheduling and testing with momentum.

FAQ

Is the Georgia Business & Law exam required?

PSI’s Georgia contractor bulletin states that all candidates must pass the Georgia Business & Law exam for licensure as a Residential or General Contractor, and passing it satisfies the Business & Law requirement for other Residential and General Contractor licenses.

How many questions are on the exam, and how long do I have?

The PSI bulletin lists 50 questions with 120 minutes allowed.

What score do I need to pass?

The exam’s minimum passing score is 70%, which is 35 correct out of 50.

Is the Georgia Business & Law exam open book?

Yes. PSI states the Business & Law exam is OPEN BOOK and lists the reference allowed in the examination center.

Which book is allowed in the testing center?

PSI lists the Georgia-NASCLA Contractors Guide to Business, Law and Project Management (3rd Edition) as the reference material allowed for the Business & Law exam.

Can I highlight and tab my book?

PSI allows reference material to be highlighted, underlined, and/or indexed, but it must be otherwise unmarked (no writing) and may not contain loose or attached papers. PSI also states references may be tabbed/indexed with permanent tabs only, and temporary tabs must be removed before the exam starts.

How long is my exam approval valid?

The PSI bulletin states you are eligible to take the examination(s) for 1 year from the date of your exam approval letter, and you must pass both Business & Law and any required trade exam within that eligibility period.