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ACTUAL QUESTIONS AND CORRECT ANSWERS
A conditional Sales Contract contains which of the C. All of the above
following?
a. Must be signed by both buyer and seller
b. Terms of financing must be disclosed
C. All of the above
The maximum fee allowed for documentation preparation d. $65
is:
a. $10
b. $25
c. $30
d. $65
The maximum fee allowed for smog is: d. $50
a. $15
b. $20
c. $30
d. $50
How many days does used vehicle dealer have to b. 30
COMPLETE APPLICATION complete application to the
department from the date of sale?
a. 50
b. 30
c. 60
d. 20
, How many days does used vehicle dealer have to CLEAR c. 50
APPLICATION to the department from the date of sale?
a. 20
b. 30
c. 50
d. 60
All deals negotiated in Spanish require the dealer to a. True
provide a spanish language contract.
a. True
B. False
In advertising, a dealer must identify his herself by: a. Slogan name or Business License Name
a. Slogan name or Business License Name
b. License number
c. Address
When a vehicle is sold prior to the expiration of the ad, a. True
the dealer has 48 hours to request (IN WRITING)
withdrawal of the vehicle ad or overprint the word
"SOLD" over particular vehicle.
a. True
b. False
When Advertising, which of the following does the d. Color
Dealer not have to disclose?
a. Vehicle Identification Number or License number
b. Total price
c. Statement "not including taxes, doc & smog fees,
registration & CA tire fee
d. Color
It is unlawful to violate any law prohibiting Bait and a. True
Switching Advertising: the practice of advertising a low
price with the intent to switch the consumer to a higher
priced vehicle.
a. True
b. False
If the mileage exceed the mechanical function of the d. You must disclose this with the purchaser
odometer and goes over 100,000 miles, this means that
the odometer cannot register the actual mileage. You
must:
a. Reset it
b. Replace it
c. Leave it and sell it with the vehicle "As Is"
d. You must disclose this with the purchaser
Is it illegal to tamper with the odometer, disconnect, reset True
or rollback, etc.
a. True
b. False