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CALIFORNIA DEALER LICENSE TEST/CA DEALER LICENSE TEST EXAM, /GET IT 100% ACCURATE!! 2026!! MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS

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CALIFORNIA DEALER LICENSE TEST/CA DEALER LICENSE TEST EXAM, /GET IT 100% ACCURATE!! 2026!! MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS

Institution
CALIFORNIA DEALER
Course
CALIFORNIA DEALER

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7/6/26, 2:01 PM CALIFORNIA DEALER LICENSE TEST/CA DEALER LICENSE TEST EXAM, /GET IT 100% ACCURATE!! 2026!! MOST TESTED Q…




CALIFORNIA DEALER LICENSE TEST/CA DEALER
LICENSE TEST EXAM, /GET IT 100% ACCURATE!!
2026!! MOST TESTED QUESTIONS AND VERIFIED
SOLUTIONS

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Terms in this set (50)



To obtain a dealer license, you must $50,000 or $10,000
obtain a surety bond for what
amount?


Which type of dealer is permitted to Wholesale dealer selling less than 25 vehicles per
have a $10,000.00 bond? year


An occupational license is valid for 2 years
how long?




https://quizlet.com/1193382638/california-dealer-license-testca-dealer-license-test-exam-get-it-100-accurate-2026-most-tested-questions-and-verified-… 1/8

, 7/6/26, 2:01 PM CALIFORNIA DEALER LICENSE TEST/CA DEALER LICENSE TEST EXAM, /GET IT 100% ACCURATE!! 2026!! MOST TESTED Q…



A dealer's office must have all of the It must be located in the county where the buyer
following except lives


Which of the following are required Each retail dealership must have a sign not less
for dealership signs? than 2 feet square that can be read from 50 feet
awaY


All dealers must have a display area Wholesale dealers
except:


The dealership display area must: Be for the exclusive use of the dealer for display
purposes only


When is a branch license required? When vehicles are displayed and sold more than
1000 feet from the
main dealership office✅


Auto Brokers must do which of the Write all brokered sales into the dealer's auto
following: broker log


Auto brokers must also do which of Limit deposits to 2.5% of the purchase price, and
the following put all deposits in a separate trust account


If a dealer sells a vehicle on Provide the consignor (the selling owner) a written
consignment, the dealer must do accounting within 20 days of the sale date showing
which of the where the money went
following:


Which of the following are permitted a. The Pre-Computed Basis Method
methods for computing interest b. The Simple Interest Basis Method
rates? c. Both a and b✅




https://quizlet.com/1193382638/california-dealer-license-testca-dealer-license-test-exam-get-it-100-accurate-2026-most-tested-questions-and-verified-… 2/8

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Institution
CALIFORNIA DEALER
Course
CALIFORNIA DEALER

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