A release log shows cleared payments of $4,600, $7,850, and $2,950. What total cleared payment is documented?
Correct Answer
A) $15,400.
The cleared payments total $4,600 + $7,850 + $2,950 = $15,400.
Why This Is the Correct Answer
The cleared payments total $4,600 + $7,850 + $2,950 = $15,400.
Why the Other Options Are Wrong
Option B: $12,450.
$12,450. is below the supported result for lien release calculation; it likely omits part of the approved scope, cap, credit, or holdback.
Option C: $14,500.
$14,500. is below the supported result for lien release calculation; it likely omits part of the approved scope, cap, credit, or holdback.
Option D: $16,200.
$16,200. is above the supported result for lien release calculation; it likely adds scope or money the rule does not allow.
Memory Technique
Summarizing Records contract math: approved scope is the ruler for lien release.
Reference Hint
Study anchor (closed-book): memorize Lien release calculation 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.
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