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Law & BusinessContractsmedium23% of exam part

A contract price is $54,000. Approved changes add $6,750 and credits total $2,425. What adjusted contract price results?

Correct Answer

D) $58,325.

Adjusted price is $54,000 + $6,750 - $2,425 = $58,325.

Answer Options
A
$56,325.
B
$57,750.
C
$58,000.
D
$58,325.

Why This Is the Correct Answer

Adjusted price is $54,000 + $6,750 - $2,425 = $58,325.

Why the Other Options Are Wrong

Option A: $56,325.

$56,325. is below the supported result for adjusted contract calculation; it likely omits part of the approved scope, cap, credit, or holdback.

Option B: $57,750.

$57,750. is below the supported result for adjusted contract calculation; it likely omits part of the approved scope, cap, credit, or holdback.

Option C: $58,000.

$58,000. is below the supported result for adjusted contract calculation; it likely omits part of the approved scope, cap, credit, or holdback.

Memory Technique

Updating Summary contract math: approved scope is the ruler for adjusted contract.

Reference Hint

Study anchor (closed-book): memorize Adjusted contract calculation from CSLB 2026 Law Book; CSLB Home Improvement Contracts / Business and Professions Code Section 7159 home improvement contract requirements; know the rule or calculation trigger without relying on exam-room lookup.

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