VIRGINIA SALES LICENSE EXAM WITH QUESTIONS AND CORRECT ANSWERS [GRADED A+] ACTUAL EXAM 100%
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VIRGINIA SALES LICENSE
Institution
VIRGINIA SALES LICENSE
VIRGINIA SALES LICENSE EXAM WITH
QUESTIONS AND CORRECT ANSWERS
[GRADED A+] ACTUAL EXAM 100%
What is the penalty for violating the disclosure provisions of the virginia dealer licensing
act's "as is" law? - ANS----a 1000 civil penalty
-the customer may return the vehicle
Vehicles can be sol...
VIRGINIA SALES LICENSE EXAM WITH
QUESTIONS AND CORRECT ANSWERS
[GRADED A+] ACTUAL EXAM 100%
What is the penalty for violating the disclosure provisions of the virginia dealer licensing
act's "as is" law? - ANS✔✔----a 1000 civil penalty
-the customer may return the vehicle
Vehicles can be sold in Virginia "as is" if - ANS✔✔----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
If a vehicle does not pass inspection: - ANS✔✔----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: - ANS✔✔---License issued by MVDB
A second set of temporary tags may be issued to a customer if: - ANS✔✔----the title 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 to the dmv
A vehicle must be inspected: - ANS✔✔---Between the time it comes into a dealer
inventory and the time it is sold to retail
When issuing temporary license plates the dealer: - ANS✔✔---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: - ANS✔✔---Five days
Temporary transport plates may be used to: - ANS✔✔---Transport vehicles from auction
or other points of purchase or sale
A salesperson "certificate of qualification": - ANS✔✔---Must be obtained before applying
for a sales persons license
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons
include: - ANS✔✔----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 - ANS✔✔----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: - ANS✔✔---A
certificate of registration
The following must be licensed to engage in business in Virginia - ANS✔✔----motor
vehicle dealer
-motor vehicle distributor or manufacturer
-motor vehicle salesperson
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