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Exam (elaborations)

DMV Salesperson Practice Exam Questions and Answers

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DMV Salesperson Practice Exam Questions and Answers What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - ANSWER ️️ A $1,000 civil penalty The customer may return the vehicle Vehicles can be sold in Virginia "As Is" if: - ANSWER ️️ 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 on the front of the buyers order. A vehicle must be inspected: - ANSWER ️️ 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: - ANSWER ️️ 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 and motor homes if they have the proper: - ANSWER ️️ License issued by DMV. A second set of temporary tags may be issued to a customer if: - ANSWER ️️ 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

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Institution
SALES LICENSE
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SALES LICENSE

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Uploaded on
December 9, 2023
Number of pages
13
Written in
2023/2024
Type
Exam (elaborations)
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Questions & answers

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