MASTERY EXAM - AUTO INDUSTRY
DIVISION EXAM 2025 QUESTIONS AND
ANSWERS 1005 SOLVED.
, law enforcement has to be notified in how long about repossessed vehicles -
ANSWERONE HOUR
repossession - ANSWER- has to be 10 dayslate
- 20 days to cure
(30 days total)
- only needs ONE right to cure letter
info needed on a right to cure letter - ANSWER(Name, address, and telephone number
of creditor)
(Account number, if any)
(Brief identification of credit transaction) ______________________ (Date) is the LAST
DATE FOR PAYMENT. ______________________ (Amount) is the AMOUNT NOW
DUE
dealer does have to give board notice if they do what? - ANSWERmove locations
notify immediately
board has to be able to access records how often? - ANSWER24/7
off premise permit - ANSWER- has to be ready to show at hows
- does not negate sunday law (lemon's law)
- can't exceed 6 days with the following 4 as exceptions:
demo plates are for - ANSWERpotential customer test drives
vehicles that are for sale or lease only
demo plates are not for - ANSWER- employees
- after hour BCA (borrowed car agreement)
- commercial vehicles
depot plates - ANSWERfor after inspection
to test car & make sure car is good to sell
Lemon Law covers - ANSWER- anything that does substantially impair vehicle
- has to have 4 attempts to fix in one year
odometer records are held for - ANSWERfive years
motor vehicle board has how many members? - ANSWERnine
- 3 licences motor dealers
- 3 licensed used dealers
DIVISION EXAM 2025 QUESTIONS AND
ANSWERS 1005 SOLVED.
, law enforcement has to be notified in how long about repossessed vehicles -
ANSWERONE HOUR
repossession - ANSWER- has to be 10 dayslate
- 20 days to cure
(30 days total)
- only needs ONE right to cure letter
info needed on a right to cure letter - ANSWER(Name, address, and telephone number
of creditor)
(Account number, if any)
(Brief identification of credit transaction) ______________________ (Date) is the LAST
DATE FOR PAYMENT. ______________________ (Amount) is the AMOUNT NOW
DUE
dealer does have to give board notice if they do what? - ANSWERmove locations
notify immediately
board has to be able to access records how often? - ANSWER24/7
off premise permit - ANSWER- has to be ready to show at hows
- does not negate sunday law (lemon's law)
- can't exceed 6 days with the following 4 as exceptions:
demo plates are for - ANSWERpotential customer test drives
vehicles that are for sale or lease only
demo plates are not for - ANSWER- employees
- after hour BCA (borrowed car agreement)
- commercial vehicles
depot plates - ANSWERfor after inspection
to test car & make sure car is good to sell
Lemon Law covers - ANSWER- anything that does substantially impair vehicle
- has to have 4 attempts to fix in one year
odometer records are held for - ANSWERfive years
motor vehicle board has how many members? - ANSWERnine
- 3 licences motor dealers
- 3 licensed used dealers
