Connecticut Business and Law Exam Practice Exam
Free Practice Exam
Test your knowledge with 10 questions from our pool of 20 free questions.
- 10 questions per attempt
- 30 minute time limit
- Unlimited attempts
- A new mix each time
- Instant results
Full Practice Exam
Complete exam simulation matching the real PSI test format.
- 50 questions (same as real exam)
- 120 minute time limit
- 11 topic areas covered
- 256 questions in pool
- Detailed explanations
Texts preferred · 9am–9pm Central
Connecticut Business and Law Practice Exam Guide
What's on the exam
Questions per topic, out of 50This practice exam is laid out like the official content outline for the Connecticut Business and Law exam: Licensing, Estimating and Bidding, Lien Law, Financial Management, Tax Laws, Labor Laws, Project Management, Contracts, Business Organization, Risk Management, Environmental and Safety.
Two ways to practice: the free practice exam gives you 10 questions per attempt, as often as you want. The full practice exam gives you 50 questions on a 2 hours clock, with a new draw from our question bank every time.
Licensing 5 items
Our study plan for this topic: Purpose and scope of contractor licensing in Connecticut; Occupational and Professional Licensing Division structure and administered boards; Home improvement contractor registration requirements, exemptions, and application process; New home construction contractor registration and certificate requirements; License types for trade contractors (electrical, plumbing, HVAC, fire sprinkler, elevator, and specialty trades); Licensee misconduct, disciplinary actions, and grounds for suspension or revocation; Home Improvement Guaranty Fund and New Home Construction Guaranty Fund operation and consumer claims; Advertising and display requirements for registration and license numbers.
Estimating and Bidding 7 items
Lien Law 2 items
Our study plan for this topic: Definition and purpose of a mechanics' lien; Who is entitled to file a mechanics' lien; 90-day deadline to file a certificate of lien; Required contents of the certificate of lien; Notice of Intent requirements for subcontractors and suppliers; Serving requirements for certificate of lien and notice of intent; One-year time limitation and lien foreclosure process; Owner's ability to bond around a lien.
Financial Management 4 items
Tax Laws 5 items
Our study plan for this topic: Connecticut state tax obligations: income, sales and use, business entity, unemployment, and corporation franchise taxes.
Labor Laws 5 items
Our study plan for this topic: Connecticut wage and hour laws including pay frequency, termination pay, and wage withholding; Workers' compensation coverage requirements and fraud provisions; Required workplace postings under federal and Connecticut law.
Project Management 5 items
Contracts 6 items
Business Organization 2 items
Our study plan for this topic: C corporation formation, double taxation, and Connecticut registration requirements; Limited liability company (LLC) structure, taxation, and Connecticut registration; Business name selection and registration with the Connecticut Secretary of State.
Risk Management 4 items
Our study plan for this topic: Employment-related insurance (workers' compensation, unemployment, social security); Federal and Connecticut state bonding laws (Miller Act, Little Miller Act).
Environmental and Safety 5 items
Our study plan for this topic: Connecticut Department of Labor Occupational Safety and Health Division (CONN-OSHA) role and jurisdiction; Connecticut Department of Environmental Protection requirements and permits for contractors.
Sample 1 — Estimating and Bidding
Question: Which of the following is identified as a common estimating error that can cause inaccuracies in a bid?
- A. Using MasterFormat to organize the estimating checklist
- B. Obtaining more than three supplier quotes for material pricing
- C. Using non-standard abbreviations that may be interpreted as a different measurement or material
- D. Adding a contingency percentage to account for unanticipated conditions
Correct Answer: C
The reference material lists non-standard abbreviations as an estimating pitfall because they may be interpreted as a different measurement or material, leading to inaccuracies in the estimate.
Reference: NASCLA Contractors Guide, Bidding and Estimating chapter — Inaccurate Estimates section
Sample 2 — Contracts
Question: Under a lump-sum contract, who assumes the risk for cost overruns due to unforeseen circumstances?
- A. The owner
- B. The architect
- C. The contractor
- D. The insurance company
Correct Answer: C
According to the NASCLA Contractors Guide, in a lump-sum contract, the contractor agrees to complete the project for a predetermined price and assumes all of the risk under this agreement, including responsibility for additional costs from unforeseen circumstances.
Reference: NASCLA Contractors Guide, Contract Management chapter — Lump-Sum Contract section
Sample 3 — Licensing
Question: You hold a Connecticut locksmith registration and have just opened a second shop in another town in addition to your principal place of business. What does the statute require of you with respect to that second location?
- A. Carry the registration on your person while working
- B. Keep the original at the principal place of business
- C. File a separate branch registration with the municipality
- D. Exhibit a copy at the branch, visible to the public
Correct Answer: D
CGS Sec. 20-691(c)(1)(A) requires each person engaging in locksmithing to exhibit the registration or a copy at the person's place of business and at any branch, in a location visible to the general public; the registration number must also appear in any advertisement. Carrying the credential on one's person is the home inspector requirement (Sec. 20-492a(a)), not the locksmith display rule.
Reference: NASCLA Contractors Guide, Connecticut (6th ed.), Appendix K, Page K-23 (CGS Sec. 20-691(c))
Your first attempt is an inspection, not a final grade. The results page breaks your score down by outline topic, so you can see which areas need work. Compare it with the real exam's passing score, 70% correct, and keep practicing until you pass consistently.
- Answer what you know first and bookmark the rest. Our practice exams let you bookmark and come back.
- Work your bookmarks on the second pass.
- Keep your pace. The real exam works out to about 2 minutes 24 seconds per question.
- After each attempt, look up each missed question's reference in your book and read the section.
| Questions | 50 questions |
| Time limit | 2 hours |
| Passing score | 70% correct |
| Books in the exam room | Open book |
| Exam fee | $59 |
- Results appear on screen immediately after the exam, with a diagnostic report of strengths and weaknesses for candidates who do not pass.
- Retakes are unlimited, but a new appointment cannot be made the same day you tested; you may call the next day and retest as soon as the day after, subject to availability.
Source: Connecticut Department of Consumer Protection — Occupational Licensing Electrical Trades Candidate Information Bulletin, Updated 2/4/2026. Check the bulletin before test day: fees and rules can change.