Three of the following are required when a dealer is advertising a lease of a motor
vehicle with a payment amount
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, ~Amount or percentage of the down payment
~terms of repayment (car payment date)
~Annual percentage rate (interest rate of the loan)
Which is not a deceptive trade practice?
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Disclosing to the purchaser in writing prior to the sale that a vehicle is a
salvage
When a salesperson leaves a dealer, that dealer must return that salespersons license to
the Auto Industry Division.
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False
Which of the following does not fit the definition of a motor vehicle dealer
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someone who sells motor vehicles solely to wholesalers
, Which of the following is true regarding depot plates?
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depot plates may be used by a dealer to road test a vehicle after repair
When advertising terms price conditions of sale of a car, dealers may use the term:
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"With approved credit"
What is the highest fine per offense the dealer board may impose on dealers who sell
vehicles less than 1500 lbs?
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$500
bait and switch is
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vehicle with a payment amount
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, ~Amount or percentage of the down payment
~terms of repayment (car payment date)
~Annual percentage rate (interest rate of the loan)
Which is not a deceptive trade practice?
Give this one a try later!
Disclosing to the purchaser in writing prior to the sale that a vehicle is a
salvage
When a salesperson leaves a dealer, that dealer must return that salespersons license to
the Auto Industry Division.
Give this one a try later!
False
Which of the following does not fit the definition of a motor vehicle dealer
Give this one a try later!
someone who sells motor vehicles solely to wholesalers
, Which of the following is true regarding depot plates?
Give this one a try later!
depot plates may be used by a dealer to road test a vehicle after repair
When advertising terms price conditions of sale of a car, dealers may use the term:
Give this one a try later!
"With approved credit"
What is the highest fine per offense the dealer board may impose on dealers who sell
vehicles less than 1500 lbs?
Give this one a try later!
$500
bait and switch is
Give this one a try later!
