Sales License Explained-Exam Questions With Appropriate
Answers.
What is the penalty for violating the disclosure provisions of the VA dealer
licensing act's "as is" law? - accurate answers--a $1,000 civil penalty
-the customer may return the vehicle
Vehicles can be sold in VA "as if" if - accurate answers--a buyers guide is
completely filled out, signed, and dated by the buyer
-the dealer provides the buyer, prior to sale, a separate written disclosure as
to the effect of an "as is" sale
-a disclosure is printed on the front of the buyers order
A vehicle must be inspected - accurate answers-Between the time it comes
into a dealers inventory and the time it is sold at retail
If a vehicle does not pass inspection - accurate answers--the dealer may bring
it into compliance
-the dealer may deliver the vehicle with a valid rejection sticker and a written
disclosure, which may be in the form of an official inspection receipt
A dealer licensed as a franchise or independent dealer may buy and sell
motorcycles, trailers and motor homes if they have the proper - accurate
answers-License issued by MVDB
A second set of temporary tags may be issued to a customer if - accurate
answers--the title is not available at the end of the first 30 day period
-the vehicle is to be titled and registered out of state
-all paperwork is submitted to DMV along with an explanation as to why a
second set needs to be issued
-all required fees are submitted to the DMV
When issuing temporary license plates, the dealer: - accurate answers-May
not charge the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - accurate
answers-5 days
, Temporary transport plates may be used to: - accurate answers-Transport
vehicles from auctions or other points of purchase sale
A salespersons "certificate of qualification": - accurate answers-Must be
obtained before applying for a salespersons license
Penalties for violating provisions of the statutes pertaining to motor vehicles
salespersons include: - accurate answers--a civil penalty of not more than
$1000 per violation
-suspension of the license
-revocation of license
A new motor vehicle is defined as one which: - accurate answers--has not
been previously titled
-has less than 7500 miles on the odometer
Any person who is licensed in another state of the United States as a motor
vehicle dealer may sell vehicles at wholesome auctions in VA only after
obtaining a: - accurate answers-Certificate of registration
The following must be licensed to engage in business in VA - accurate
answers--motor vehicle dealer
-motor vehicle distributor or manufacturer
-motor vehicle salesperson
True/false- no salesperson shall be employed by more than one dealer, unless
the dealerships are owned by the same person, partnership or corporation -
accurate answers-TRUE
True/false- each dealership must post a list of the salespersons that work
there - accurate answers-TRUE
True/false- salespersons must carry their license at all times and show it
when asked - accurate answers-TRUE
Temporary certificates of ownership issued by dealers must contain: -
accurate answers--date of issuance
-name and address of purchaser
Answers.
What is the penalty for violating the disclosure provisions of the VA dealer
licensing act's "as is" law? - accurate answers--a $1,000 civil penalty
-the customer may return the vehicle
Vehicles can be sold in VA "as if" if - accurate answers--a buyers guide is
completely filled out, signed, and dated by the buyer
-the dealer provides the buyer, prior to sale, a separate written disclosure as
to the effect of an "as is" sale
-a disclosure is printed on the front of the buyers order
A vehicle must be inspected - accurate answers-Between the time it comes
into a dealers inventory and the time it is sold at retail
If a vehicle does not pass inspection - accurate answers--the dealer may bring
it into compliance
-the dealer may deliver the vehicle with a valid rejection sticker and a written
disclosure, which may be in the form of an official inspection receipt
A dealer licensed as a franchise or independent dealer may buy and sell
motorcycles, trailers and motor homes if they have the proper - accurate
answers-License issued by MVDB
A second set of temporary tags may be issued to a customer if - accurate
answers--the title is not available at the end of the first 30 day period
-the vehicle is to be titled and registered out of state
-all paperwork is submitted to DMV along with an explanation as to why a
second set needs to be issued
-all required fees are submitted to the DMV
When issuing temporary license plates, the dealer: - accurate answers-May
not charge the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - accurate
answers-5 days
, Temporary transport plates may be used to: - accurate answers-Transport
vehicles from auctions or other points of purchase sale
A salespersons "certificate of qualification": - accurate answers-Must be
obtained before applying for a salespersons license
Penalties for violating provisions of the statutes pertaining to motor vehicles
salespersons include: - accurate answers--a civil penalty of not more than
$1000 per violation
-suspension of the license
-revocation of license
A new motor vehicle is defined as one which: - accurate answers--has not
been previously titled
-has less than 7500 miles on the odometer
Any person who is licensed in another state of the United States as a motor
vehicle dealer may sell vehicles at wholesome auctions in VA only after
obtaining a: - accurate answers-Certificate of registration
The following must be licensed to engage in business in VA - accurate
answers--motor vehicle dealer
-motor vehicle distributor or manufacturer
-motor vehicle salesperson
True/false- no salesperson shall be employed by more than one dealer, unless
the dealerships are owned by the same person, partnership or corporation -
accurate answers-TRUE
True/false- each dealership must post a list of the salespersons that work
there - accurate answers-TRUE
True/false- salespersons must carry their license at all times and show it
when asked - accurate answers-TRUE
Temporary certificates of ownership issued by dealers must contain: -
accurate answers--date of issuance
-name and address of purchaser
