VA Sales License Test with Questions and Answers
VA Sales License Test with Questions and Answers What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? ANSWER 1. a $1000 civil penalty 2. the customer may return the vehicle Vehicles can be sold in Virginia "As Is" if: ANSWER 1. A buyers guide is completely filled out, signed, and dated by the buyer 2. the dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale 3. 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 retails If a vehicle does not pass inspection: ANSWER 1. the dealer may bring it up to compliance 2. 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 MVDB A second set of temporary tags may be issued to a customer if: ANSWER 1. the title is not available at the end of the first 30-day period 2. the vehicle is to be titled and registered out of state
Document information
- Uploaded on
- April 27, 2024
- Number of pages
- 14
- Written in
- 2023/2024
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- Exam (elaborations)
- Contains
- Questions & answers
