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Law & BusinessInsurance & Liensmedium12% of exam part

A subcontractor is paid $6,400 for a progress draw. What amount should the unconditional progress release match after payment clears?

Correct Answer

B) $6,400.

The release should match the paid progress amount of $6,400.

Answer Options
A
$640.
B
$6,400.
C
$3,200.
D
$7,040.

Why This Is the Correct Answer

The release should match the paid progress amount of $6,400.

Why the Other Options Are Wrong

Option A: $640.

$640. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option C: $3,200.

$3,200. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option D: $7,040.

$7,040. is above the supported result for lien releases; it likely adds scope or money the rule does not allow.

Memory Technique

Matching Payment contract math: approved scope is the ruler for lien releases.

Reference Hint

Study anchor (closed-book): memorize Lien releases from CSLB Conditional and Unconditional Waiver and Release Forms. / California Civil Code unconditional waiver and release on progress payment; know the rule or calculation trigger without relying on exam-room lookup.

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