CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS
LATEST ALREADY GRADED A+ 2026
Which of the following is not required to transfer a vehicle
a. Endorsed Certificate of Ownership
b. A report of prior service records for the vehicle since new
c. Odometer mileage reading
d. Smog Certificate - ANSWERS-b. A report of prior service
records for the vehicle since new
Which of the following must sign the Certificate of
Ownership?
a. The legal owner
b. The registered owner
c. The transferee
d. All of the above - ANSWERS-d. All of the above
,Registration fees are due at the time of the retail sale where
a. The registration will expire within 30 days of the date of
sale
b. The registration has already expired
c. Registration fees are always due at the time of sale
d. Both A & B - ANSWERS-d. Both A & B
The national Motor Vehicle Title information System
requires which of the following?
a. All warranty agreements be sent to DMV
b. All vehicles have a Car Fax
c. A red warning decal be placed on vehicles with branded
titles
d. Both A & B - ANSWERS-c. A red warning decal be placed
on vehicles with branded titles
when a dealer sells a vehicle that was consigned to them to
sell, they must
a. Provide the seller an accounting and payment within 20
days of the sale
b. Test drive it before agreeing to sell it
c. Provide a warranty
, d. None of the above - ANSWERS-a. provide the seller an
accounting and payment within 20 days of the sale
Which of he following are permitted methods for computing
interest rates
a. The pre-computed Basis method
b. The simple Interest basis method
c. The Friedman Method
d. Both A & B - ANSWERS-d. Both A & B
The maximum a dealer may charge a customer for a smog
test is:
a. $8
b. $12
c. $50
d. $45 - ANSWERS-c. $50
The basic DMV transfer fee to transfer the title into the
buyer's name is
a. $15
b. $12
c. $80