Dmv dealer license - Study guides, Class notes & Summaries

Car Dealer License Test Questions With Correct Answers Latest Updated 2024 (Graded A+) When the odometer past 99,999 miles on a 5 digit odometer, a dealer must? Advise the buyer and mark the 262 form as "exceeds the mechanical limits" Which of the following is a correct statement of the law with regard to smog checks: A dealer must have a smog check for every vehicle offered for sale to the public Your occupational license will be automatically canceled without a hearing if: Your sellers...

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - A $1,000 civil penalty The customer may return the vehicle Vehicles can be sold in Virginia "As Is" if: - A Buyers Guide is completely filled out, signed, and dated by the buyer. The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale. A disclosure is printed on the front of the buyers order. A vehicle ...

Virginia Salesperson's License Study Guide What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - Answer ️️ -D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior t...

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - Answer-D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior to the sale, a separate written disclosure as to the ...

Three of the following types of motor vehicles are exempt from the truth in mileage act. ~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? a person who attempts to negotiate a sale or lease of a used motor vehicle or powersports vehicle with the intent to make a profit or gain Previous Play Next Rewind 10...

Three of the following types of motor vehicles are exempt from the truth in mileage act. ~Vehicles 10 years old or older ~Vehicles having a gross empty weight more than 10,000 lbs ~Vehicles not self propelled (Trailers) The definition of a used motor vehicle dealer or used dealer includes which of the following? Any person who attempts to make profit lease or sale of a used vehicle The Motor Vehicle Board is authorized and empowered to: All Of The Above ~Amend and repeal ...

DMV Salesperson Practice Exam Questions and Answers What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - ANSWER ️️ A $1,000 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 the sale, a separate written disclosure as to the effect of an "As Is" sa...

STATE OF COLORADO SALES LICENSE TEST BANK 100+ QUESTIONS AND VERIFIED SOLUTIONS 2024 GRADED A+. 2 / 7 1. Three of the following types of motor vehicles are exempt from the truth in mileage act.: ~Vehicles 10 years old or older~Vehicles having a gross empty weightmore than 10,000 lbs~Vehicles not self propelled (Trailers) 2. The definition of a used motor vehicle dealer or used dealer includes whichof the following?: a person who attempts to negotiate a sale or lease of a used motor vehi...

Virginia DMV Salespersons test questions answeredThe "Processing Fee" is A charge by a dealer for processing a transaction. If a salesperson is found guilty of violating one or more of the provisions of the Virginia Dealer Laws, the Motor Vehicle Dealer Board may, after following the prescribed procedures: 1. Assess a civil penalty fine on the salesperson of up to $1,000 per violation 2. Refuse to renew the salesperson's license 3. Revoke/Suspend the salesperson's license These Stat...

Car Dealer License Test Questions and Answers Latest Updated 2024 (Graded A+) When the odometer past 99,999 miles on a 5 digit odometer, a dealer must? Advise the buyer and mark the 262 form as "exceeds the mechanical limits" Which of the following is a correct statement of the law with regard to smog checks: A dealer must have a smog check for every vehicle offered for sale to the public Your occupational license will be automatically canceled without a hearing if: Your sellers permit i...