with Correct Answers 2025
A conditional Sales Contract contains which of the following?
a. Must be signed by both buyer and seller
b. Terms of financing must be disclosed
C. All of the above -XCORRECT ANSWER -C. All of the above
The maximum fee allowed for documentation preparation is:
a. $10
b. $25
c. $30
d. $65 - CORRECT ANSWER -d. $65
The maximum fee allowed for smog is:
a. $15
b. $20
c. $30
d. $50 - CORRECT ANSWER -d. $50
How many days does used vehicle dealer have to COMPLETE APPLICATION complete application
to the department from the date of sale?
a. 50
b. 30
c. 60
d. 20 - CORRECT ANSWER -b. 30
, How many days does used vehicle dealer have to CLEAR APPLICATION to the department from t
he date of sale?
a. 20
b. 30
c. 50
d. 60 - CORRECT ANSWER -c. 50
All deals negotiated in Spanish require the dealer to provide a spanish language contract.
a. True
B. False - CORRECT ANSWER -a. True
In advertising, a dealer must identify his herself by:
a. Slogan name or Business License Name
b. License number
c. Address - CORRECT ANSWER -a. Slogan name or Business License Name
When a vehicle is sold prior to the expiration of the ad, the dealer has 48 hours to request (IN W
RITING) withdrawal of the vehicle ad or overprint the word "SOLD" over particular vehicle.
a. True
b. False - CORRECT ANSWER -a. True
When Advertising, which of the following does the Dealer not have to disclose?
a. Vehicle Identification Number or License number
b. Total price
c. Statement "notXincluding taxes, doc & smog fees, registration & CA tire fee
d. Color - CORRECT ANSWER -d. Color