CAR DEALER LICENSE- REVIEW QUESTIONS WITH
VERIFIED ACCURATE ANSWERS
Misdemeanor crimes can be charged for:
a. Not offering a contraction cancellation for a vehicle valued under $40,000
b. Failure to provide pre contract disclosures
c. Fail to disclose the customer's credit score
d. All the above - Answers - D
To sell a consigned vehicle, the consignment agreement must include:
a. Any outstanding Lien amount due
b. Total amount the consignor will be paid from the proceeds of sale
c. The consignor shall be paid within 20 days after the sale date
d. All the above - Answers - D
If a dealer is unable to obtain financing for a retail buyer:
a. The dealer may keep the down payment
b. The dealer must return the down payment
c. The dealer is allowed to keep any collected money for use of the vehicle
d. The down payment may be kept as a service fee - Answers - B
Prior to offering a vehicle for sale to the retail public, the dealer must:
a. Have a Federal Buyer's Guide posted in the side window of the vehicle
b. Have a current smog certification for the vehicle
c. Obtain a National Motor Vehicle Title Information report
d. All the above - Answers - D
In an advertisement a dealer must include in the ad:
a. Name of the dealership
b. Year, Make and model of the vehicle
c. Vehicle Identification number
d. All the above - Answers - D
A retail dealer's sign at their place of business shall be viewable from 50 feet and have
a total size not less than:
a. Two Square Feet
b. Three Square Feet
c. Five Square Feet
, d. Six Square Feet - Answers - A
A Conditional Sales Contract is:
a. Not Legal in the State of California
b. Not recommended for your sales transactions
c. An attempt to obtain financing for your customer
d. An agreement between a dealer and retail buyer when a lien is created and
payments are to be made to the lien holder - Answers - D
What is the maximum a dealer may charge for a smog test:
a. $35.00
b. $58.25
c. $50.00
d. $19.95 - Answers - B
When a dealer sells an advertised vehicle, how much time does the dealer have to
Withdraw the advertisement:
a. 24 Hours
b. 48 Hours
c. 72 Hours
d. There is no time limit - Answers - B
A dealer may reset an odometer on a vehicle if:
a. It is a crime to reset the odometer of any vehicle
b. The dealer doesn't know the true mileage
c. The dealer added too many miles to the vehicle
d. The dealer can make more money for less miles - Answers - A.
A selling dealer may keep excess DMV fees paid by the retail customer:
a. When the amount is less than $5.75
b. The dealer may keep any fees that have been collected
c. The excess fees go to California Tax and Fee Administration
d. A dealer cannot keep any excess DMV fees - Answers - A
Requirements for a dealer license is found in:
a. Civil Code
b. The California Vehicle Code
c. Business and Professions Code
d. California Code of Regulations - Answers - B
VERIFIED ACCURATE ANSWERS
Misdemeanor crimes can be charged for:
a. Not offering a contraction cancellation for a vehicle valued under $40,000
b. Failure to provide pre contract disclosures
c. Fail to disclose the customer's credit score
d. All the above - Answers - D
To sell a consigned vehicle, the consignment agreement must include:
a. Any outstanding Lien amount due
b. Total amount the consignor will be paid from the proceeds of sale
c. The consignor shall be paid within 20 days after the sale date
d. All the above - Answers - D
If a dealer is unable to obtain financing for a retail buyer:
a. The dealer may keep the down payment
b. The dealer must return the down payment
c. The dealer is allowed to keep any collected money for use of the vehicle
d. The down payment may be kept as a service fee - Answers - B
Prior to offering a vehicle for sale to the retail public, the dealer must:
a. Have a Federal Buyer's Guide posted in the side window of the vehicle
b. Have a current smog certification for the vehicle
c. Obtain a National Motor Vehicle Title Information report
d. All the above - Answers - D
In an advertisement a dealer must include in the ad:
a. Name of the dealership
b. Year, Make and model of the vehicle
c. Vehicle Identification number
d. All the above - Answers - D
A retail dealer's sign at their place of business shall be viewable from 50 feet and have
a total size not less than:
a. Two Square Feet
b. Three Square Feet
c. Five Square Feet
, d. Six Square Feet - Answers - A
A Conditional Sales Contract is:
a. Not Legal in the State of California
b. Not recommended for your sales transactions
c. An attempt to obtain financing for your customer
d. An agreement between a dealer and retail buyer when a lien is created and
payments are to be made to the lien holder - Answers - D
What is the maximum a dealer may charge for a smog test:
a. $35.00
b. $58.25
c. $50.00
d. $19.95 - Answers - B
When a dealer sells an advertised vehicle, how much time does the dealer have to
Withdraw the advertisement:
a. 24 Hours
b. 48 Hours
c. 72 Hours
d. There is no time limit - Answers - B
A dealer may reset an odometer on a vehicle if:
a. It is a crime to reset the odometer of any vehicle
b. The dealer doesn't know the true mileage
c. The dealer added too many miles to the vehicle
d. The dealer can make more money for less miles - Answers - A.
A selling dealer may keep excess DMV fees paid by the retail customer:
a. When the amount is less than $5.75
b. The dealer may keep any fees that have been collected
c. The excess fees go to California Tax and Fee Administration
d. A dealer cannot keep any excess DMV fees - Answers - A
Requirements for a dealer license is found in:
a. Civil Code
b. The California Vehicle Code
c. Business and Professions Code
d. California Code of Regulations - Answers - B
