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Dealer/Salesperson Test: Buyers Guide

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Dealer/Salesperson Test: Buyers Guide

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  • January 4, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
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Dealer/Salesperson Test: Buyers
Guide
The Federal Trade Commission Used Car Rule which sets of the warranty
provisions of a sale is known as: - -The buyers guide window sticker rule.

-The Buyers Guide is placed on the vehicle: - -Before it is offered for sale.

-A Buyers Guide must be placed on: - -- Demonstrators available for sale
- Used trucks under 16,000 lbs. GVW
- Consignment vehicles

-The Buyers Guide is: - -Attached to the vehicle in a conspicuous place so
both sides can be seen.

-What does the Federal Trade Commission Used Car Rule say about Dealers
offering vehicles for sale at public auctions? - -A guide must be on the
vehicle if the auction is open to the public.

-Under the Federal Trade Commission Used Car Rule, a vehicle can be sold
"As Is". - -And the service contract box on the Buyers Guide checked.

-What is the penalty for violating the Federal Trade Commission Used Car
Rule? - -Up to $16,000 per violation

-"Full" and "Limited are terms given to: - -Warranties

-According to the Federal Trade Commission Used Car Rule, the following is
considered an unfair and deceptive practice? - -Representing that a used
automobile is sold with a warranty when it is not

-As described in the Federal Trade Commission Used Car Rule, dealers must
display conspicuously on each used car. - -Buyers guide

-According to the Federal Trade Commissions Used Car Rule, the Buyer's
Guide should be displayed on: - -- Demonstrator or inventory vehicles
- Consignment vehicles

-A dealer must make a copy of the written warranty available for the
customer to read prior to the sale. - -True

-A dealer can sell a vehicle "As Is" or without a warranty in VA - -True

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