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Mississippi Law and Business Management Exam
Contractor Licensing, Education & Exam Prep
The Law and Business Management exam is required for nearly all contractors in the state, and must be passed in addition to the contractor exams. We have the books, courses, and professionals ready to help you pass. All our training is offered in an online self-paced format. Our exam prep is not only designed to help you pass your test the first time, but is also designed to teach you valuable knowledge for your career. The courses are available from almost any device, any time. We hope that you will make RocketCert your home to help you obtain your Mississippi Contractor's License.
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$129Law and Business Management
Exam Prep
What type of work can be done with this license?
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Contracting
This exam is required by the state to obtain any type of Contractor license. Exam must be passed within 1 year of passing the trade examination. Some commercial contracting under $50,000 can be done without a contracting license in certain areas.
What are the requirements to getting a license?
TestingPass 2 exams with 70% on each
- Mississippi Business and Law
- Trade Exam
Schedule testing for exams through PSI 1-855-557-0619
Insurance- General Liability (based on monetary license limits)
- $100,000 coverage is required for monetary limits up to $500,000
- $500,000 coverage is required for monetary limits up to $500,001- $1,500,000
- $1,000,00 coverage is required for monetary limits greater than $1,500,000
- Worker’s Compensation
DocumentationSubmit the following:
- CPA/PA prepared financial statements
- Letter of Reference as proof of work and trade experience
- Completed, signed, and notarized application package
How do I obtain a license?
To apply for your license, contact the Mississippi Department of Commerce and Insurance at 615-741-2241 or visit the Mississippi board of licensing contractors website to submit online.
Residential contractors are required to have continuing education. Reciprocity agreements exist for a variety of license classifications / States.
With RocketCert, our education is written by a combination of professional educators and industry professionals. We pride ourselves on providing industry leading customer service. Also, if you find a better original price on any online course that we offer, we will beat it by 10%.
Preparing to pass the State exam is a critical part of the licensing process. Failing the exam can result in substantial delays before you are able to work under your license. We offer industry leading exam prep and all of the required books, at an unbeatable price.
After studying with RocketCert, you will be on your way to passing the required State exam(s) (see below). Contact PSI at 855-557-0619 to begin this process. Testing centers are setup throughout the State in larger cities.
Next you will need to obtain all required insurance and contact a CPA or PA to prepare financial statements.
After completing all the steps above, it will be time to apply through CORE to obtain your Mississippi Contractors License. If a corporation or limited liability company, visit the Mississippi Secretary of State website for information on business filings. Have questions or concerns with this process (or just a lack of time)? Learn more about how we can assist with our Application Processing Program.
Which exam do I need to take?
To schedule your Business Law exam, visit psiexams.com or call 855-557-0619.
Mississippi Contractors must pass two examinations: Business Law and Trade exam.
Law and Business Management
- Number of questions: 50
- Passing Score: 35
- Time allowed: 120 minutes
- OPEN BOOK
- Topics Include: Licensing; Estimating and Bidding; Lien Law; Financial Management; Tax Laws; Labor Laws; Project Management; Contracts; Business Organization; Risk Management; Environmental and Safety
Trade Exams
Mississippi offers multiple types of contractor licenses, each with an additional exam. We offer courses for all types of Mississippi contractors. For example:
How do I pass the exam?
The Mississippi exams are open book. The references below are permitted to be tabbed, highlighted, and used during your test! Unfortunately, our online course is NOT permitted to be accessed during the State exam.
The exam prep includes math and accounting, highlighting guides covering the topics your exam is based on, practice questions for each reference, and unlimited attempts on our "test simulation".
Online Exam Prep Includes:
- Math & Accounting Lessons - Here, we teach you math concepts and how to solve accounting questions on test day.
- Highlighting Guides - Introduce the critical information in your book(s). This will familiarize you with each book’s content and its layout.
- Quizzes - These practice quizzes are based on each individual book/reference. They reinforce key concepts.
- Test Simulation / Practice Exam - Comprehensive exams randomly generated from our database of questions. Test simulations are restricted by time, and hints are disabled. Test simulations are as close to the real exam as you can get.
- Guide to Tabbing - This section includes tabbing books and other test taking strategies to keep calm and focused during the exam.
Mississippi Business and Law Online Exam Prep
Lifetime Online Access to:
- Mississippi Business and Law Online Exam Prep
Backed by:
- Education Support Team
- No Pass No Pay Policy
Students who already own all references
$129
Mississippi Business and Law Bundle
Lifetime Online Access to:
- Mississippi Business and Law Online Exam Prep
- All books and references you can use during the exam
- Custom Permanent/Pre-Printed Tabs
- Free Shipping!
Backed by:
- Education Support Team
- No Pass No Pay Policy
Mississippi NASCLA Contractors Guide to Business, Law and Project Management, 6th Edition
1 Book Tab Bundle
Permanent Blank Tabs - 375 Pack
Why should I choose RocketCert?
At RocketCert, we strive to be the best (while having fun in the process). This means having not only the best quality of education, but also industry leading technology. Best yet, we are here for you 7 days a week. Have a question or comment? Give us a call or contact us to send us a message. Ready to begin? Select from the training below and start immediately. Of course, you can resume later!
Why pay for something knowing your time with it is limited? At RocketCert, we believe in offering lifetime access to your training, even though it will not be needed.
Our education is written by industry experts. We believe in helping you with your career, and that help begins with offering best in class education.
We are here for you. Have a question? Need support? Our team is available 7 days a week for technical support. We pride ourselves in taking care of you.
Our training is available 24/7, and you can start and stop as needed. With our mobile ready courses, you can take from nearly any device at any location.