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Exam (elaborations)

CAR DEALER LICENSE TEST QUESTIONS WITH 100% CORRECT ANSWERS A GRADED

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CAR DEALER LICENSE TEST QUESTIONS WITH 100% CORRECT ANSWERS A GRADED

Institution
CALIFORNIA DEALER LICENSE
Course
CALIFORNIA DEALER LICENSE

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CAR DEALER LICENSE TEST
QUESTIONS WITH 100% CORRECT
ANSWERS A GRADED


ThesnationalsMotorsVehiclesTitlesinformationsSystemsrequiresswhichsofsthesfollowing?
a.sAllswarrantysagreementssbessentstosDMV
b.sAllsvehiclesshavesasCarsFax
c.sAsredswarningsdecalsbesplacedsonsvehiclesswithsbrandedstitles
d.sBothsAs&sBs-sans✔✔c.sAsredswarningsdecalsbesplacedsonsvehiclesswithsbrandedstitles

whensasdealerssellssasvehiclesthatswassconsignedstosthemstossell,stheysmust
a.sProvidesthessellersansaccountingsandspaymentswithins20sdayssofsthessale
b.sTestsdrivesitsbeforesagreeingstossellsit
c.sProvidesaswarranty
d.sNonesofsthesaboves-
sans✔✔a.sprovidesthessellersansaccountingsandspaymentswithins20sdayssofsthessale



Whichsofshesfollowingsarespermittedsmethodssforscomputingsinterestsrates
a.sThespre-computedsBasissmethod
b.sThessimplesInterestsbasissmethod
c.sThesFriedmansMethod
d.sBothsAs&sBs-sans✔✔d.sBothsAs&sB

Thesmaximumsasdealersmayschargesascustomersforsassmogstestsis:
a.s$8
b.s$12
c.s$50
d.s$45s-sans✔✔c.s$50

ThesbasicsDMVstransfersfeestostransfersthestitlesintosthesbuyer'ssnamesiss
a.s$15
b.s$12
c.s$80
d.s$25s-sans✔✔a.s$15
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CALIFORNIA DEALER LICENSE
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CALIFORNIA DEALER LICENSE

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September 7, 2024
Number of pages
4
Written in
2024/2025
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