Final answer:
The right answer is C) $500.00 or more, as builders must be licensed to work on contracts of this amount or more to ensure compliance with regulations and safety standards.
Step-by-step explanation:
A builder who is working under a contract which is >$500.00 or more must be licensed. The correct answer to the question is thus option C) $500.00 or more.
In many regions, contractor licensing laws are in place to protect consumers from unqualified workers and to ensure that buildings meet safety codes and regulations.
Typically, licensing requirements include having a certain level of experience, passing an exam, and maintaining insurance and bonding. Without a valid license, a builder may face legal issues and penalties, and the work performed may not be recognized as meeting the necessary standards. option c is answer