omvic chapter 15 questions with 100% correct answers 2024

omvic chapter 15 questions with 100% correct answers 2024Explain four techniques that can be used to determine or research the distance a vehicle has been driven. - correct answer page 146-15.04 Why should a dealer do a lien check on a vehicle that is being taken in on trade? - correct answer Protect the dealer Is it possible for more than one party to hold a lien on the same vehicle? - correct answer Yes If a dealer agrees to pay out a lien on a customer's trade-in, the lien must be paid out: - correct answer Immediately True or False: If a dealer pays out a lien on a customer's trade-in, he or she must give the customer a copy of the release letter from the financial institution. - correct answer True True or False: A customer should do a lien check on a vehicle being purchased from a dealer. - correct answer False