Question

A contractor who with intent to defraud, upon conviction, shall be punished by a fine of:

(A) $100.00 or less
(B) $100.00 and 90 days
(C) $6,000.00 and one year
(D) Not less than $100.00 nor more than $5,000.00 and/or not less than 6 months or more than 3 years in the state prison

Answer 1

A contractor who with intent to defraud, upon conviction, shall be punished by a fine of: `Not less than $100.00 nor more than $5,000.00 and/or not less than 6 months or more than 3 years in the state prison`

The correct answer choice is (D)

Step-by-step explanation:

In this case, a contractor who is convicted of intending to defraud shall be punished by a fine of not less than $100.00 nor more than $5,000.00 and/or a prison sentence of not less than 6 months or more than 3 years in the state prison.

This means that if a contractor is found guilty of intentionally defrauding others, they can face both a fine and imprisonment as penalties for their actions. The specific amount of the fine falls within the range of $100.00 to $5,000.00, while the prison sentence can range from a minimum of 6 months to a maximum of 3 years in the state prison.

It is important for contractors to conduct their business ethically and avoid engaging in fraudulent activities. These penalties serve as a deterrent and a means of punishment for those who intentionally deceive others for personal gain.

The correct answer choice is (D)