About this Tennessee Business & Law prep
This prep is built specifically for the Tennessee Business & Law examination and includes a 18,000+-word study guide written for this exam, 4 full-length practice exams and 200 practice questions, each with a written explanation.
The TN Contractor Business and Law (new licensees only) is administered by Tennessee Board for Licensing Contractors / Prov. The file served at tnboi.provexam.com on 2026-10-06 is TNCONT_CIB 2026.07.01: TN Contractor Business and Law is 50 questions and 2.5 hours. Every examination in that bulletin is scored at 73 percent. Open book. Fee $53. Reference is the NASCLA Tennessee Business and Law Study Guide for Contractors, 4th Edition, 2024. Alternate references on that list are permitted through 2027-01-01. A 2026-06-15 printing said 2 hours. This key follows the July 1 file. Outline items: business organization 4, licensing 5, estimating and bidding 7, contracts 6, project management 4, risk management 4, OSHA safety 5, financial management 3, labor law 5, tax law 5, lien law 2. Not the old PSI 140-minute paper.. This prep is written to that board’s current scope, not to a generic national syllabus.
The real Tennessee Business & Law exam contains 50 questions, with a passing score of 73%. Our practice exams mirror that structure so the format is familiar before you sit it.
Topics covered
- Exam facts — 50 questions, open book, 73 percent
- Who must be licensed — T.C.A. § 62-6-102 and the $25,000 trigger
- Two-axis licensure: classification plus monetary limit
- Building Construction classifications and the 34 categories
- Home Improvement — T.C.A. § 62-6-501 et seq.
- Bidding disclosures — T.C.A. § 62-6-119
- Contracts (about 16 percent of the bank)
- Estimating, bidding, and project management
- Financial management (the monetary-limit math lives here too)
- Payroll, taxes, personnel, and labor
- Insurance, bonding, and risk
- Mechanic’s liens and prompt pay — T.C.A. Title 66, Chapter 11
- Safety and environmental (about 4 percent)
- Worked calculations
- Sample questions, solved
- Common mistakes
- What to tab
- Glossary
- 30 / 60 / 90 day plan and exam-day strategy
- Deeper licensing scenarios the exam clones
How access works
You are paying for access length (30, 60, or 90 days). The study guide and four timed exams are the same on every term. Access starts when you enrol and works on any device for that term.
Not affiliated with or endorsed by any state licensing board or exam vendor. For exam-preparation purposes only.