15-21 QUESTIONS WITH 100%
CORRECT ANSWERS A GRADED
Dealer-wholesalescansonlyssellstos_________s-sans✔✔d.sVehiclesdealers
________sdealersscanssellstosthesgeneralspublicsandsdealerss-sans✔✔b.sRetail
dealersapplicationspackagesmustsincludesasphotographsofsthesbusinessslocation.s-
sans✔✔True
aresdealersapplicantssrequiredstosobtainsascitysorscountysbusinessslicensesinsthesareaswhe
re
yoursbusinesssisslocated?s-sans✔✔True
theslicenseesissnotsrequiredstosobtainsasficticioussnamesstatementsfromsthescountyswherest
he
businesssisslocated?s-sans✔✔False
asspartsofsthesapplicationsprocesssissascopysofsthesleasesorsrentalsagreementsrequired?s-
sans✔✔Yes
Allsretailsdealersmustsprovidesthesdmvswithsas_________sbonds-sans✔✔c.s$50,000
Allswholesalesdealersmustsprovidesthesdmvswithsas_________sbonds-sans✔✔c.s$10,000
Originalslicensesfeesis?s-sans✔✔c.s$175
Renewalsofsdealerslicensesandsplatessaresvalidsfors______syear(s)s-sans✔✔b.s2
everysdealersshallshavespostedsinsasplacesconspicuousstosthespublicsthesdealer'ssregular
businesssdayssandshourss-sans✔✔Yes
asretailsdealersmustshavesansestablishedsplacesofsbusinessswhichshassansofficesandsdispla
y