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Law & BusinessInsurance & Liensmedium12% of exam part

A conditional progress release lists $15,000, but the check delivered is $13,250. What unpaid balance remains from that listed amount?

Correct Answer

C) $1,750.

The unpaid balance is $15,000 minus $13,250, or $1,750.

Answer Options
A
$1,250.
B
$1,500.
C
$1,750.
D
$2,250.

Why This Is the Correct Answer

The unpaid balance is $15,000 minus $13,250, or $1,750.

Why the Other Options Are Wrong

Option A: $1,250.

$1,250. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option B: $1,500.

$1,500. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option D: $2,250.

$2,250. is above the supported result for lien releases; it likely adds scope or money the rule does not allow.

Memory Technique

Unpaid before dollars; balance before balance in Reconciling Release.

Reference Hint

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

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