A contractor needs the current $25,000 contractor bond, but the file shows only $18,000. How much additional bond amount is needed?
Correct Answer
B) $7,000.
The additional amount needed is $25,000 minus $18,000, which equals $7,000.
Why This Is the Correct Answer
The additional amount needed is $25,000 minus $18,000, which equals $7,000.
Why the Other Options Are Wrong
Option A: $4,200.
$4,200. is below the supported result for contractor bond; it likely omits allowance, conversion, coverage, or final round-up.
Option C: $3,500.
$3,500. is below the supported result for contractor bond; it likely omits allowance, conversion, coverage, or final round-up.
Option D: $14,000.
$14,000. is above the supported result for contractor bond; it likely double-counts allowance, uses the wrong unit, or rounds too early.
Memory Technique
Checking Adequacy takeoff: count the condition before counting the package.
Reference Hint
Study anchor (closed-book): memorize Contractor bond from CSLB bond and license maintenance guidance; California Business and. / CSLB contractor bond amount guidance; know the rule or calculation trigger without relying on exam-room lookup.
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