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A contractor has submitted a bid to perform work on a home for $30,000.00. iIN accordance with NC's general statute 87-1 has this contractor acted correctly?

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Final answer:

A contractor must be licensed to submit a bid for a project of $30,000 or more under North Carolina's General Statute 87-1. Compliance with this statute depends on whether the contractor is properly licensed. Without knowledge of the contractor's licensing status, it is not possible to determine if they acted correctly.

Step-by-step explanation:

The question asks whether a contractor submitting a bid of $30,000.00 has complied with North Carolina's General Statute 87-1. According to NC's General Statute 87-1, any project involving construction, improvement, or repair work where the cost is $30,000 or more requires the contractor to have a license. If a contractor submits a bid for a project costing $30,000.00 without being properly licensed per the statute's requirements, they have not acted correctly.

If the contractor is indeed properly licensed, then they have acted in accordance with the statute. Knowledge of the contractor's licensing status is required to definitively answer if they have acted correctly.

It is important to note that specific requirements and regulations can vary by state, so it would be advisable to consult local laws and regulations governing contractor licensing in North Carolina.

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