omvic chapter 11 verified already passed 2024/2025
omvic chapter 11 verified already passed 2024/2025What is a "curbsider"? - correct answer Unlicensed dealers What are common problems with the vehicles curbsiders sell? - correct answer Often the cars cur bsiders sell are misrepresented, accident-damaged, odometer-tampered, stolen or have liens. Studies have shown the percentage of "private" vehicle ads that are actually placed by curbsiders is: - correct answer 25 per cent Curbsiders: - correct answer Ignore tax laws, Avoid overhead, Have an unfair advantage over registered dealers List three steps a dealer can take to avoid selling vehicles to curbsiders. - correct answer Register the vehicle in the buyer's name, Check the garage register looking for individual buyer of multiple vehicles, Establish a zero-tolerance policy
Written for
- Institution
- Omvic
- Course
- Omvic
Document information
- Uploaded on
- March 26, 2024
- Number of pages
- 1
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- omvic chapter 11
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what is a curbsider correct answer unlicense
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what are common problems with the vehicles curbsid
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bsiders sell are misrepresented accident damaged
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