SALES LICENSE COMPREHENSIVE EXAM
PREP QUESTIONS AND SOLUTIONS
VERIFIED STUDY RESOURCE
●● Vehicles can be sold in Virginia "As Is" if:
Answer: 1. A buyers guide is completely filled out, signed, and dated by
the buyer
2. the dealer provides the buyer, prior to the sale, a separate written
disclosure as to the effect of an "As Is" sale
3. a disclosure is printed on the front of the buyers order
●● A vehicle must be inspected:
Answer: Between the time it comes into a dealer's inventory and the
time it is sold at retails
●● If a vehicle does not pass inspection:
Answer: 1. the dealer may bring it up to compliance
2. 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: 1. the title is not available at the end of the first 30-day period
2. the vehicle is to be titled and registered out of state
3. all paperwork is submitted to DMV along with an explanation as to
why a second set needs to be issued
4. all required fees are submitted to the DMV before authorization of
temporary tags may be issued
●● 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: 5 days
●● A salesperson's "certificate of qualification":
Answer: Must be obtained before applying for a salesperson's license
●● Penalties for violating provisions of the statutes pertaining to motor
vehicle salespersons include:
Answer: 1. A civil penalty of not more than $1000 per violation
, 2. suspension of your he license
3. revocation of the license
●● A new motor vehicle is defined as one which:
Answer: 1. has not been previously titled
2. has less than 7,500 miles on the odometer with a disclosure
●● Any person who is licensed in another state of the United States as a
motor vehicle dealer may sell vehicles at Dealer Only wholesale
auditions in Virginia only after obtaining a:
Answer: Certificate of registration
●● The following must be licensed to engage i. business in Virginia:
Answer: 1. Motor Vehicle Dealer
2. Motor Vehicle Distributor or Manufacturer
3. Motor Vehicle Salesperson
●● No salesperson shall be employed by more than one dealer, unless
the dealerships are owned by the same person, partnership or
corporation.
Answer: True
●● Each dealership must post a list of the salespersons that work there.
PREP QUESTIONS AND SOLUTIONS
VERIFIED STUDY RESOURCE
●● Vehicles can be sold in Virginia "As Is" if:
Answer: 1. A buyers guide is completely filled out, signed, and dated by
the buyer
2. the dealer provides the buyer, prior to the sale, a separate written
disclosure as to the effect of an "As Is" sale
3. a disclosure is printed on the front of the buyers order
●● A vehicle must be inspected:
Answer: Between the time it comes into a dealer's inventory and the
time it is sold at retails
●● If a vehicle does not pass inspection:
Answer: 1. the dealer may bring it up to compliance
2. 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: 1. the title is not available at the end of the first 30-day period
2. the vehicle is to be titled and registered out of state
3. all paperwork is submitted to DMV along with an explanation as to
why a second set needs to be issued
4. all required fees are submitted to the DMV before authorization of
temporary tags may be issued
●● 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: 5 days
●● A salesperson's "certificate of qualification":
Answer: Must be obtained before applying for a salesperson's license
●● Penalties for violating provisions of the statutes pertaining to motor
vehicle salespersons include:
Answer: 1. A civil penalty of not more than $1000 per violation
, 2. suspension of your he license
3. revocation of the license
●● A new motor vehicle is defined as one which:
Answer: 1. has not been previously titled
2. has less than 7,500 miles on the odometer with a disclosure
●● Any person who is licensed in another state of the United States as a
motor vehicle dealer may sell vehicles at Dealer Only wholesale
auditions in Virginia only after obtaining a:
Answer: Certificate of registration
●● The following must be licensed to engage i. business in Virginia:
Answer: 1. Motor Vehicle Dealer
2. Motor Vehicle Distributor or Manufacturer
3. Motor Vehicle Salesperson
●● No salesperson shall be employed by more than one dealer, unless
the dealerships are owned by the same person, partnership or
corporation.
Answer: True
●● Each dealership must post a list of the salespersons that work there.
