Motor Vehicle Dealer Salesperson Study Guide Latest
recent & frequently tested with questions and verified
accurate solutions (detailed & elaborated) GRADED
A+
, What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As ls"
law? - correct ans:>A $1,000 penalty.
> The customer may return the vehicle.
Vehicles can be sold in Virginia "As Is" if - correct ans:> A Buyers Guide is completely filled out, signed,
and dated by the buyer.
> The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As
Is" sale.
> A disclosure is printed the front of the buyers order.
A vehicle must be inspected: - correct ans:> Between the time it comes into a dealer's inventory and the
time it is sold at retail.
If a vehicle does not pass inspection: - correct ans:> The dealer may bring it into compliance.
> The dealer may deliver the vehicle with a valid rejection sticker and a written disclosure, which may be
in the form of an official inspection receipt.
A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers motor
homes if they have the proper: - correct ans:> License issued by MVDP
A second set of temporary tags may be issued to a customer if: - correct ans:> The title is not available at
the end of the first 30-day period
> The vehicle is to be titled and registered out of state.
> All paper work is submitted to DMV along with an explanation as to why a second set needs to be
issued.
> All required fees are submitted to the Department of Motor Vehicles before authorization of
temporary tags may be issued.
When issuing temporary license plates, the dealer: - correct ans:> May not charge the customer more
than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than - correct ans:> 5 days.
recent & frequently tested with questions and verified
accurate solutions (detailed & elaborated) GRADED
A+
, What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As ls"
law? - correct ans:>A $1,000 penalty.
> The customer may return the vehicle.
Vehicles can be sold in Virginia "As Is" if - correct ans:> A Buyers Guide is completely filled out, signed,
and dated by the buyer.
> The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As
Is" sale.
> A disclosure is printed the front of the buyers order.
A vehicle must be inspected: - correct ans:> Between the time it comes into a dealer's inventory and the
time it is sold at retail.
If a vehicle does not pass inspection: - correct ans:> The dealer may bring it into compliance.
> The dealer may deliver the vehicle with a valid rejection sticker and a written disclosure, which may be
in the form of an official inspection receipt.
A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers motor
homes if they have the proper: - correct ans:> License issued by MVDP
A second set of temporary tags may be issued to a customer if: - correct ans:> The title is not available at
the end of the first 30-day period
> The vehicle is to be titled and registered out of state.
> All paper work is submitted to DMV along with an explanation as to why a second set needs to be
issued.
> All required fees are submitted to the Department of Motor Vehicles before authorization of
temporary tags may be issued.
When issuing temporary license plates, the dealer: - correct ans:> May not charge the customer more
than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than - correct ans:> 5 days.
