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Exam (elaborations)

VIRGINIA SALES LICENSE TEST

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What is the penalty for violating the disclosure provisions of the virginia dealer licensing act's "as is" law? - Answer--a 1000 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 sale, a separate written disclosure as to effect of an "as is" sale A vehicle must be inspected: - Answer-Between the time it comes into a dealer inventory and the time it is sold to retail If a vehicle does not pass inspection: - Answer--the dealer may bring it to 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 MVDB 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 -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 dmv When issuing temporary license plates the dealer: - Answer-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: - Answer-Five days Temporary transport plates may be used to: - Answer-Transport vehicles from auction or other points of purchase or sale A salesperson "certificate of qualification": - Answer-Must be obtained before applying for a sales persons license Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - Answer--a civil penalty of not more than $1000 per violation -suspension of the license -revocatio

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VIRGINIA SALES LICENSE
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VIRGINIA SALES LICENSE








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VIRGINIA SALES LICENSE
Course
VIRGINIA SALES LICENSE

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Uploaded on
May 17, 2024
Number of pages
4
Written in
2023/2024
Type
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