
Virginia Business and Law Class A/B - Online Practice Questions
Get started on your path to becoming a licensed Virginia Contractor by studying for the required computer-based Alabama Business and Law examination with simulated online practice questions.
- Practice in a timed environment right from your home computer or mobile phone
- Hundreds of practice questions in computer-based format
- Bonus - Also included are strategies for taking contractor's licensing exam, test-taking techniques, and time management tips.
- Covered topics include contracting business, managing administrative duties, managing trade operations, conducting accounting functions, managing human resources, complying with government regulation
- 3 months of online access
Class A/B License Requirements:
Virginia requires two licenses to become a contractor: Business / Law and Technical. This Class A/B license covers the business and law portion and is required by the designated employee or member of responsible management. There is an 8-hour Pre-License requirement for all new Virginia Contractors. The same person who takes the Pre-License course must be the same person who takes the Class A/B exams.
Class A – required for all projects in exceeding $120,000 and yearly revenue over &750,000. The Company must have a $45k minimum net worth
Class B – required for all projects exceeding $10,000 and not more than $120,000 per project, and not to exceed $750,000 in yearly revenue. The company must have a minimum net worth of $15,000
Exam and Application:
Exams are administered by PSI and can be scheduled online or by calling PSI EXAMINATION SERVICES (800) 733-9267
The Class A exam consists of three parts: Virginia portion, General portion, and Virginia Portion. The Class B exam consists of just the Virginia and General portions.
VIRGINIA PORTION, 24 Items
Passing Score: 18
48 Minutes to complete this portion.
- Regulation of Contractors (7 Items)
- Board Rules and Regulations (5 Items)
- Building Codes (5 Items)
- Transaction Recovery Fund (5 Items)
- Virginia Erosion and Sediment Control Regulations (2 Items)
GENERAL PORTION, 50 Items
Passing Score: 35
100 Minutes to complete this portion.
- Business Organization (2 Items)
- Estimating and Bidding (10 Items)
- Contract Management (10 Items)
- Project Management (7 Items)
- Risk Management (3 Items)
- Safety (5 Items)
- Labor Laws (3 Items)
- Financial Management (5 Items)
- Federal and State Taxes (4 Items)
- Lien Laws (1 Item)
ADVANCED PORTION, 24 Items
Passing Score: 17
60 Minutes to complete this portion.
- Estimating and Bidding (1 Item)
- Contract Management (4 Items)
- Project Management (1 Item)
- Risk Management (2 Items)
- Safety (2 Items)
- Labor Laws (4 Items)
- Financial Management (5 Items)
- Federal and State Taxes (4 Items)
- Lien Laws (1 Item)