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Exam Latest Update - Exam (Latest Update) Study Guide Questions & An...

QUESTIONS & ANSWERS Dec 16, 2025 ★★★★★ (5.0/5)
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NYC Home Improvement Contractor Exam (Latest Update 2025/ 2026) Study Guide Questions & Answers | Grade A | 100% Correct (Verified Answers)

Question:

Must a contractor or salesperson provide the consumer with a separate Notice of Cancellation?

Answer:

Yes. At the time of signing the contractor or salesperson must attach to the signed contract two copies of a separate, completed form titled "Notice of Cancellation."

Question:

How much time does the home owner have to cancel the contract?

Answer:

Until midnight of the third business day.

  • / 3

Question:

Must a contractor or salesperson inform the consumer orally of the consumer's right to cancel?

Answer:

Yes, verbally and written notice.

Question:

What if a contractor or salesperson fails to comply with the provisions requiring oral (spoken) and written notice of the consumer's right to cancel?

Answer:

The consumer may cancel the contract at any time.

Question:

How many days does a contractor or salesperson have to honor valid notice of cancellation?

Answer:

10 business days

  • / 3

Question:

Do salespersons need to notify DCA about their employers?

Answer:

Yes within 48 hours of new employment.

Question:

What must all advertising and sales literature contain?

Answer:

DCA Home Improvement Contractor license number.

Question:

A "savings" claim in an adv ertisment cannot imply what?

Answer:

The amount specified is the selling price.

Question:

What type of guarantees or warranties can be made?

Answer:

Only as long as a defect is likely to show up.

  • / 3

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Category: QUESTIONS & ANSWERS
Added: Dec 16, 2025
Description:

NYC Home Improvement Contractor Exam (Latest Update) Study Guide Questions & Answers | Grade A | 100% Correct (Verified Answers) Question: Must a contractor or salesperson provide the consumer with...

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