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Exam (elaborations)

Dealer License (CA) Questions with Correct Answers 2025

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Dealer License (CA) Questions with Correct Answers 2025

Institution
CALIFORNIA DEALER LICENSE
Course
CALIFORNIA DEALER LICENSE








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Written for

Institution
CALIFORNIA DEALER LICENSE
Course
CALIFORNIA DEALER LICENSE

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Uploaded on
April 29, 2025
Number of pages
4
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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  • dealer license ca questions with correct answers

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Dealer License (CA) Questions with
Correct Answers 2025
MustGaGconditionalGsalesGcontractGisGinGwriting?G-GCORRECTGANSWERG-a)GYes



AGcontractGcancellationGdisplayGatGeachGsalesGofficeGandGcubicleGmustGhaveGminimum

dimensionsGofG-GCORRECTGANSWERG-b)G8"GxG10"



IfGaGcustomerGpurchasesGaGvehicleGforG$5,000GandGdecidesGtoGpurchaseGaGcontractGcancellationGo
ption,GtheGdealerGmayGchargeGtheGcustomerGupGtoG-GCORRECTGANSWERG-b)G$75.00



IfGaGcustomerGpurchasesGaGvehicleGforG$10,000GandGdecidesGtoGpurchaseGaGcontractGcancellationG
option,GtheGdealerGmayGchargeGtheGcustomerGupGtoG-GCORRECTGANSWERG-a)G$150.00



IfGaGcustomerGpurchasesGaGvehicleGforG$30,000GandGdecidesGtoGpurchaseGaGcontractGcancellationG
option,GtheGdealerGmayGchargeGtheGcustomerGupGtoG-GCORRECTGANSWERG-c)G$250.00



IfGaGcustomerGpurchasesGaGvehicleGpriceG$30,000G-
G$39,999GandGdecidesGtoGpurchaseGaGcontractGcancellation Goption,GtheGdealerGmayGchargeGtheGcu


stomerGupGtoG-GCORRECTGANSWERG-a)G1%GofGtheGsellingGprice



IfGaGcustomerGpurchasesGaGvehicleGforG$40,001,GhowGmuchGcanGtheGdealerGchargeGtheGcustomer?G
-GCORRECTGANSWERG-
b)GtheGdealerGcannotGchargeGtheGcustomerGbecauseGtheGsaleGisGnotGeligibleGforGtheGcontractGcanc
ellationGoption



WhatGisGregGz?G-GCORRECTGANSWERG-
c)GaGlawGthatGstatesGallGtermsGandGcostsGofGfinancingGmustGbeGdisclosedGtoGtheGbuyer(s)



IsGtheGcontractGvalidGifGonlyGtheGbuyerGsigns?G-GCORRECTGANSWERG-b)GNo
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