Virginia Salesperson's License Study Guide latest updated
Virginia Salesperson's License Study Guide latest updated 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 effect of an "As Is" sale. C. A disclosure is printed on the front of the buyers order. D. All of the above. - ANSWER ️️ D. All of the above. A vehicle must be inspected A. Between the time it comes into a dealer's inventory and the time it is sold at retail. B. Unless it has a current inspection sticker. C. Unless it has more than six months remaining on the current inspection. D. None of the above. - ANSWER ️️ A. Between the time it comes into a dealer's inventory and the time it is sold at retail If a vehicle does not pass inspection A. The dealer cannot deliver the vehicle to a retail customer. B. The dealer may bring it into compliance. C. 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.
Written for
- Institution
- SALES LICENSE
- Course
- SALES LICENSE
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- Uploaded on
- December 9, 2023
- Number of pages
- 22
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
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virginia salespersons license study guide
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