CSLB C-2 Exam Practice Questions - California CSLB C-2 Insulation And Acoustical Examination Exam

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Under California Business & Professions Code Section 7159, what is the maximum down payment an insulation contractor may legally collect on a home improvement contract?

The lesser of $1,000 or 10% of the contract price The lesser of $2,500 or 15% of the contract price A flat maximum down payment limit of $5,000 A maximum of 25% of the total contract price

Correct Answer:

The lesser of $1,000 or 10% of the contract price

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