A release lists $18,500, but the actual check is $16,900. What should be corrected?
Correct Answer
B) Release amount.
The release amount should match the actual payment amount and covered period.
Why This Is the Correct Answer
The release amount should match the actual payment amount and covered period.
Why the Other Options Are Wrong
Option A: Policy period.
Policy period. skips the written authority, scope, price, notice, or release control needed for lien release accuracy.
Option C: Permit address.
Permit address. skips the written authority, scope, price, notice, or release control needed for lien release accuracy.
Option D: Vehicle number.
Vehicle number. skips the written authority, scope, price, notice, or release control needed for lien release accuracy.
Memory Technique
When controlling clashes with match, let the contract speak before Auditing Releases.
Reference Hint
Study anchor (closed-book): memorize Lien release accuracy from CSLB conditional and unconditional waiver/release forms guidance. / California Civil Code waiver and release forms; know the rule or calculation trigger without relying on exam-room lookup.
More Law & Business Questions
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A bid has direct labor of $18,000, materials of $12,500, and equipment rental of $3,500. If the contractor adds 20 percent markup on direct cost, what is the bid price?
A contractor wants a 25 percent gross margin on a job with estimated cost of $60,000. What selling price gives that margin?
A completed project sold for $150,000 and had total cost of $126,000. What gross margin percentage did the project earn?
