The housing and construction industry in California is regulated through:
A. the state Housing Law, local building codes, and state Real Estate Law
B. the state Health and Safety Code, state Housing Law, and state Real Estate Law
C. the state Contractors License Law, local building codes, and the state Housing Law
D. the Department of Housing and Community Development, the state Health and Safety Code, and the state Real Estate Law
Answer: C. the state Contractors License Law, local building codes, and the state Housing Law
Explanation: Regulation of the homebuilding industry in California is accomplished through local building codes, the state Housing Law, and the state Contractors License Law. The Real Estate Law regulates brokers and salespersons, not builders.
You might also like to view...
Which of the following statements about the payment of defense costs by the PAP is (are) true? I. They are paid in addition to the policy limits. II. They are payable even after the limit of liability is exhausted
A) I only B) II only C) both I and II D) neither I nor II
Net income is the best measure to use for evaluating a firm's profits on assets because it includes
the effect of financing as well as the effect of operations. Indicate whether the statement is true or false