Mi Builders Law |50 Questions| With Correct Answers.

A.) $3.38 {Ans: As of January 1st, 2017 the minimum hourly wage of an employee shall be ________ per hour provided that gratuities are received that are equal to or exceed the minimum hourly wage as established. A.) $3.38 B.) $3.25 C.) $4.25 D.) $4.65}D.) Michigan Business tax {Ans: If a corporation makes over $350,000 in gross receipts, they are required to file A.) 941 B.) 1099 C.) W-2 D.) Michigan Business tax}C.) Formal hearing. {Ans: The Department is investigating a complaint of violation. The contractor is called in for an informal conference to discuss the complaint against the contractor. At the conclusion of the conference the Department finds it is not satisfied with the contractors response. What would be the next step taken by the Department? A.) The license of the builder would be suspended. B.) The contractors project would be red tagged. C.) Formal hearing. D.) Charges would be brought against the contractor.}B.) 30 days {Ans: Laborers send Notice of Furnishing within ________ after wages are due. A.) 15 days B.) 30 days C.) 60 days D.) 90 days}B.) Interpretation of licensure requirements {Ans: The Board's duties include A.) Making laws B.) Interpretation