Questions And Correct Answers
A dealer's license and special plates shall be automatically canceled if:
The dealer abandons the established place of business, The dealer fails to maintain an
adequate bond, and The CDTFA resale permit is suspended
A dealer must affix to all vehicles offered for sale:
A federal trade commission buyers guide
Every retail dealer shall have a sign erected or posted at his place of business. The sign
shall have a total size of not less than:
Two square feet
Each retail dealer is required to maintain a proper display area:
At all times
Signs on all vehicles indicating the main location address:
Is not required at a licensed dealer location
,A licensed dealer location must have all of the following:
An office for the exclusive use of the dealer, A Sign indicating the name and address of
the dealer, and A Display area large enough to display the types
Should the dealer change the site or location of his established place of business, he
shall notify the department:
Immediately
The basic fee for transfer of ownership on a California registered vehicle is:
$15
Any dealer who sells a vehicle when the title is branded "Lemon law buyback "shall
provide a disclosure statement to the buyer:
Prior to the sale of the vehicle
It is legal to reset the odometer reading on a vehicle:
It is never legal to reset the odometer reading
,A dealer MUST withdraw any advertisement of a vehicle that has been sold within:
48 hours
A dealer may generate an electronic report of sale book to:
It is never legal to generate a report of sale book to anyone.
An auto broker must also be licensed as a:
Retail dealer
A conditional sales contract is:
An agreement between the buyer and dealer for payments.
If a dealer accepts a vehicle as a trade-in if it is stolen, which of the following will
happen?
The vehicle is returned to the rightful owner
Licensing requirements for a dealer's license in California are from:
The vehicle code
, A dealer must include in all advertisements all of the following except:
The color of the vehicle
A dealer must include in all advertisements all of the following:
The total price of the vehicle, The make of the vehicle and The vehicle identification
number or license plate number
You may keep DMV licensing fees in excess of DMV fees paid to you.
You may never keep any excess DMV fees paid to you
Which employees of dealership must be licensed as a DMV vehicle salesperson?
Salespersons, Sales managers, and Finance managers
All the agreements of the buyer and seller with respect to the total cost and terms of
payment must be contained in a single document. That document is:
The conditional sales contract
Which legal actions may be taken against a dealer if they violate the laws, rules and
regulations related to their licensed activity?