Virginia sales license test questions and answers
What is the penalty for violating the disclosure provisions of the virginia dealer
licensing act's "as is" law? - ANSWER ️️ -a 1000 civil penalty
-the customer may return the vehicle
Vehicles can be sold in Virginia "as is" if - ANSWER ️�...
Virginia sales license test questions and answers What is the penalty for violating t he disclosure provisions of the virginia dealer licensing act's "as is" law? - ANSWER ✔️✔️-a 1000 civil penalty -the customer may return the vehicle Vehicles can be sold in Virginia "as is" if - ANSWER ✔️✔️-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 effect of an "as is" sale A vehicle must be inspected: - ANSWER ✔️✔️Between the time it comes into a dealer inventory and the time it is sold to retai l If a vehicle does not pass inspection: - ANSWER ✔️✔️-the dealer may bring it to 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: - ANSWER ✔️✔️License issued by MVDB A second set of temporary tags may be issued to a customer if: - ANSWER ✔️✔️-
the ti tle is not available at the end of the first 30 -day period -the vehicle is to be titled and registered out of state -all paper work is submitted to dmv along with an explanation as to why a second set needs to be issued - all required fees are submitted t o the dmv When issuing temporary license plates the dealer: - ANSWER ✔️✔️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: - ANSWER ✔️✔️Five days Temporary transport plates may be used to: - ANSWER ✔️✔️Transport vehicles from auction or other points of purchase or sale A salesperson "certificate of qualification": - ANSWER ✔️✔️Must be obtained before applying for a sales persons license Penalties for violating provi sions of the statutes pertaining to motor vehicle salespersons include: - ANSWER ✔️✔️-a civil penalty of not more than $1000 per violation -suspension of the license -revocation of the license A new motor vehicle is defined as one which - ANSWER ✔️✔️-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 wholesale auctions in Virginia only after obtaining: - ANSWER ✔️✔️A cert ificate of registration The following must be licensed to engage in business in Virginia - ANSWER ✔️✔️-motor vehicle dealer -motor vehicle distributor or manufacturer -motor vehicle salesperson No salesperson shall be employed by more than one dealer unl ess the dealerships are owned by the same person partnership or corporation - ANSWER ✔️✔️True Each dealership must post a list of salespersons that work there - ANSWER ✔️✔️True Salespersons must carry their license at all times and show it when asked - ANSWER ✔️✔️True Temporary certificates of ownership issued by dealers must contain - ANSWER ✔️✔️-date of issuance -name and addresses of purchaser
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