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Free Florida General Contractor Exam Practice Questions
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Question 1 of 10Business & Finance: Establishing the Contracting Business
Two electricians began bidding jobs together under a handshake agreement with no filing and no written limits on liability. A supplier later obtains a $40,000 judgment for materials that just one of them ordered, and the business account is nearly empty. The supplier's attorney asks whom the judgment can reach. Which statement correctly describes the supplier's collection rights?
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