NM General Contractor Practice Questions - New Mexico General Contractor Exam

What is a 'Qualifying Party' (QP) in New Mexico contractor licensing?

An individual who meets experience and exam requirements and is designated to qualify the business for its license The property owner who hires the contractor A government inspector who approves the license A bonding company representative

Correct Answer:

An individual who meets experience and exam requirements and is designated to qualify the business for its license

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