MARYLAND HOME IMPROVEMENT - PRACTICE TEST (PSI) QUESTIONS & ANSWERS 2025, Exams of Marketing Business-to-business (B2B)

MARYLAND HOME IMPROVEMENT - PRACTICE TEST (PSI) QUESTIONS & ANSWERS 2025 1. A Home Improvement Contractor is a person who offers to: perform repairs for a homeowner. 2. What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? a) $150 b) $500 c) $750 d) $1,500: $500 3. What is the MAXIMUM amount that a home improvement contractor may pay to a homeowner for referring a client to the contractor?: The contractor is NOT permitted to compensate the homeowner for referrals. 4. All of the following are exempt from licensing under the Home Improvement Law EXCEPT a: fence contractor. 5. An applicant was denied a license after a hearing. When may the applicant reapply?: 6 months. 6. What license is required for a telephone salesperson that works as an independent contractor for a home improvement contractor?: No