A conditional progress release covers invoices of $8,400, $6,250, and $3,350. What total amount is covered?
Correct Answer
A) $18,000.
The covered amount is $8,400 + $6,250 + $3,350 = $18,000.
Why This Is the Correct Answer
The covered amount is $8,400 + $6,250 + $3,350 = $18,000.
Why the Other Options Are Wrong
Option B: $14,650.
$14,650. is below the supported result for release amount; it likely omits part of the approved scope, cap, credit, or holdback.
Option C: $17,500.
$17,500. is below the supported result for release amount; it likely omits part of the approved scope, cap, credit, or holdback.
Option D: $19,250.
$19,250. is above the supported result for release amount; it likely adds scope or money the rule does not allow.
Memory Technique
Covered before dollars; dollars before balance in Checking Progress.
Reference Hint
Study anchor (closed-book): memorize Release amount from CSLB Law and Business Study Guide; California Civil Code mechanics. / California Civil Code waiver and release payment amount; know the rule or calculation trigger without relying on exam-room lookup.
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