What is the term for the professional manner in which licensed contractors are expected to perform their tasks?

The term that accurately describes the professional manner in which licensed contractors are expected to perform their tasks is "workmanship standards." This concept encompasses the quality and attention to detail that contractors must adhere to in order to meet both legal requirements and client expectations. Workmanship standards ensure that all work is performed to a specific level of excellence, which is essential in maintaining a contractor's reputation and fulfilling contractual obligations.

Workmanship standards are typically outlined by industry practices and, in many cases, are enforced by regulatory bodies to protect consumers and ensure safety. Adhering to these standards helps guarantee that all construction projects are completed effectively and safely, according to established codes and regulations.

The other options, while related to the field of contracting, do not specifically address the manner in which tasks should be performed. Substandard quality suggests a lack of adherence to these standards, competitive pricing refers to the financial aspect of the contracting industry, and professional ethics pertains to the moral principles guiding contractors rather than the specific quality of their work.