ACADEMIC EXAM QUESTIONS WITH VERIFIED
CORRECT ANSWERS AND IN-DEPTH STUDY
EXPLANATIONS FOR LEARNERS WORLDWIDE”
A dealer's license and special plates shall be automatically canceled if: - CORRECT ANSWER -
The dealer abandons the established place of business, The dealer fails to maintain an adequat
e bond, and The CDTFA resale permit is suspended
A dealer must affix to all vehicles offered for sale: - CORRECT ANSWER -
A federal trade commission buyers guide
Every retail dealer shall have a sign erected or posted at his place of business. The sign shall ha
ve a total size of not less than: - CORRECT ANSWER -Two square feet
Each retail dealer is required to maintain a proper display area: - CORRECT ANSWER -
At all times
Signs on all vehicles indicating the main location address: - CORRECT ANSWER -
Is not required at a licensed dealer location
A licensed dealer location must have all of the following: - CORRECT ANSWER -
An office for the exclusive use of the dealer, A Sign indicating the name and address of the dea
ler, 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 notif
y the department: - CORRECT ANSWER -Immediately
The basic fee for transfer of ownership on a California registered vehicle is: -
,CORRECT ANSWER -$15
, Any dealer who sells a vehicle when the title is branded "Lemon law buyback "shall provide a d
isclosure statement to the buyer: - CORRECT ANSWER -Prior to the sale of the vehicle
It is legal to reset the odometer reading on a vehicle: - CORRECT ANSWER -
It is never legal to reset the odometer reading
A dealer MUST withdraw any advertisement of a vehicle that has been sold within: -
CORRECT ANSWER -48 hours
A dealer may generate an electronic report of sale book to: - CORRECT ANSWER -
It is never legal to generate a report of sale book to anyone.
An auto broker must also be licensed as a: - CORRECT ANSWER -Retail dealer
A conditional sales contract is: - CORRECT ANSWER -
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? -
CORRECT ANSWER -The vehicle is returned to the rightful owner
Licensing requirements for a dealer's license in California are from: - CORRECT ANSWER -
The vehicle code
A dealer must include in all advertisements all of the following except: - CORRECT ANSWER -
The color of the vehicle