MI EXAM PREP TOOLS FOR BUSINESS & LAW

$59.00

Online Narrated Course 
This online course includes hundreds of practice questions similar to those on the state exam.  It's as close to the real test as it gets!  Mobile friendly so you can study anytime, anywhere!  
 

SKU: 3669 Category: Tag:

Description

MI Business and Law Exam Prep Course
Syllabus

This course will prepare students for the Business and Law portion of the exam and is based on the reference materials and industry standards outlined in the PSI Candidate Bulletin. Be sure to review the Bulletin; it provides important information about the test.

When studying for the exam, we recommend you either print out or reference the following materials outlined by PSI as well as reviewing the Business of Building portion of the 60-Hour Pre-Licensure Course. You can also find helpful information at the LARA Website Builders' page.

OCCUPATIONAL CODE (EXCERPT)

MICHIGAN ADMINISTRATIVE CODE

MICHIGAN ADMINISTRATIVE CODE

CONSTRUCTION LIEN ACT

MICHIGAN OCCUPATIONAL SAFETY AND HEALTH ACT

 


Regulatory and Statutory Requirements

LICENSING PROCESS AND REQUIREMENTS

  • Application
  • Renewal
  • Display
  • Suspensions and Revocations
  • Company License

REGULATIONS GOVERNING CONDUCT AND PENALTIES

  • Place of Business
  • Advertising, Sales Agreements
  • Financial Statements

COMPAINTS

INVESTIGATIONS

HEARINGS

INDEPENDENT ARBITRATION

PERMITTING AND INSPECTION REQUIREMENTS

CIVIL RIGHTS

  • Elliott-Larson Civil Rights Act

FAIR HOUSING AND AMERICAN DISABILITIES ACT (ADA)

  • Michigan Barrier Free Design
  • Sales
  • Office Facility
  • Hiring
  • Employee Practices

EPA REGULATIONS FOR HAZARDOUS MATERIALS

  • Asbestos
  • Lead
  • Radon

SALESPERSONS

TYPES OF BUSINESS ORGANIZATION

  • Proprietorships
  • Limited Liability Companies (LLCs)
  • Corporations
  • Partnerships

ESTIMATING

  • Estimating Pertaining to Residential Building

CONTRACTS

  • Requirements
  • Definition
  • Types
  • Terminology
  • Binding
  • Addenda
  • Change Orders
  • Warranties
  • Financing Requirements
  • Breach

PROJECT MANAGEMENT AND ADMINISTRATION

  • Quality Assurance
  • Materials/Logistics
  • Cost Management
  • Subcontractors
  • Inspections
  • Scheduling
  • Draws and Progress Payments
  • Retainage
  • Customer Service

ACCOUNTING AND FINANCE

  • Payroll
  • Tax Obligations (Federal, State, Unemployment)
  • Costs and Expenses
  • Sales and Accounts Receivable
  • Cash Flow
  • Balance Sheets
  • Income Statements
  • Ratios

INSURANCE, BONDS AND LIENS

  • Insurance
    • Liability
    • Workers' Compensation
    • Vehicle
    • Property
    • Property Damage
    • Title
    • Employee (social security, unemployment, disability, benefits)
    • Business
    • Accident
  • Builders' Risk
  • Bonds
  • Liens Placement (Construction Lien Act)

PERSONNEL

  • Employee Safety and Administration (recordkeeping, MIOSHA, penalties)
  • Federal and State Labor Laws
  • Employee Benefits (retirement, health, vacation)

Business Math


Customer service will be available by email or telephone between 8am and 6pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@onlinecti.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).