CALIFORNIA DEALER LICENSE TEST
CORRECT 100%
A conditional Sales Contract contains which of the following?
a. Must be signed by both buyer and seller
b. Terms of financing must be disclosed
C. All of the above - ANSWERC. All of the above
The maximum fee allowed for documentation preparation is:
a. $10
b. $25
c. $30
d. $65 - ANSWERd. $65
The maximum fee allowed for smog is:
a. $15
b. $20
c. $30
d. $50 - ANSWERd. $50
How many days does used vehicle dealer have to COMPLETE APPLICATION
complete application to the department from the date of sale?
a. 50
b. 30
c. 60
d. 20 - ANSWERb. 30
How many days does used vehicle dealer have to CLEAR APPLICATION to the
department from the date of sale?
a. 20
b. 30
c. 50
d. 60 - ANSWERc. 50
All deals negotiated in Spanish require the dealer to provide a spanish language
contract.
a. True
B. False - ANSWERa. True
In advertising, a dealer must identify his herself by:
a. Slogan name or Business License Name
b. License number
c. Address - ANSWERa. Slogan name or Business License Name
, Prior history disclosure is required in writing that states if a vehicle is which of the
following:
a. Rental Vehicle
b. Taxi cab
c. Insurance Salvage vehicle
d. Former public vehicle
e. All of the above - ANSWERd. All of the above
Which of the following are true regarding the Report of Sale(ROS)?
a. Dealer has 5 days to submit the bottom portion Report of Sale (not counting the date
of sale)
b. If late, dealer must pay $5.00 ASF penalty
c. Dealer must display bottom portion of ROS on Customer vehicle before delivery
d. All of the above - ANSWERd. All of the above
Which of the following are true regarding the Vehicle title and Transfer fees?
a. Transfer fees are $15.00
b. If late, dealer must pay $5 ASF penalty
c. All of the above - ANSWERC. All of the above
An unwind usually results from the dealer's failure to obtain financing for the customer
from a lending institution.
a. True
b. False - ANSWERA. true
If the purchaser overpays the dealer an amount for the licensing or transfer of the title of
vehicle other than actual amount due, the dealer may:
a. Keep the overpayment as part of down payment
b. Dealer may never keep overpayment and must return it to customer - ANSWERb.
Dealer may never keep overpayment and must return it to customer
The Federal Buyers Guide must be displayed on the side windows of the vehicle so that
both sides of the label can be read. It must be signed on the back by the customer.
a. True
b. False - ANSWERa. True
What is it most that a dealer can charge customer for smog fee and smog certificate?
a. $25
b. $35
c. $45
d. $50 - ANSWERd. $50
The Report of Sales Book is provided by the DMV and is the property of the dealer.
a. True
b. False - ANSWERb. False
CORRECT 100%
A conditional Sales Contract contains which of the following?
a. Must be signed by both buyer and seller
b. Terms of financing must be disclosed
C. All of the above - ANSWERC. All of the above
The maximum fee allowed for documentation preparation is:
a. $10
b. $25
c. $30
d. $65 - ANSWERd. $65
The maximum fee allowed for smog is:
a. $15
b. $20
c. $30
d. $50 - ANSWERd. $50
How many days does used vehicle dealer have to COMPLETE APPLICATION
complete application to the department from the date of sale?
a. 50
b. 30
c. 60
d. 20 - ANSWERb. 30
How many days does used vehicle dealer have to CLEAR APPLICATION to the
department from the date of sale?
a. 20
b. 30
c. 50
d. 60 - ANSWERc. 50
All deals negotiated in Spanish require the dealer to provide a spanish language
contract.
a. True
B. False - ANSWERa. True
In advertising, a dealer must identify his herself by:
a. Slogan name or Business License Name
b. License number
c. Address - ANSWERa. Slogan name or Business License Name
, Prior history disclosure is required in writing that states if a vehicle is which of the
following:
a. Rental Vehicle
b. Taxi cab
c. Insurance Salvage vehicle
d. Former public vehicle
e. All of the above - ANSWERd. All of the above
Which of the following are true regarding the Report of Sale(ROS)?
a. Dealer has 5 days to submit the bottom portion Report of Sale (not counting the date
of sale)
b. If late, dealer must pay $5.00 ASF penalty
c. Dealer must display bottom portion of ROS on Customer vehicle before delivery
d. All of the above - ANSWERd. All of the above
Which of the following are true regarding the Vehicle title and Transfer fees?
a. Transfer fees are $15.00
b. If late, dealer must pay $5 ASF penalty
c. All of the above - ANSWERC. All of the above
An unwind usually results from the dealer's failure to obtain financing for the customer
from a lending institution.
a. True
b. False - ANSWERA. true
If the purchaser overpays the dealer an amount for the licensing or transfer of the title of
vehicle other than actual amount due, the dealer may:
a. Keep the overpayment as part of down payment
b. Dealer may never keep overpayment and must return it to customer - ANSWERb.
Dealer may never keep overpayment and must return it to customer
The Federal Buyers Guide must be displayed on the side windows of the vehicle so that
both sides of the label can be read. It must be signed on the back by the customer.
a. True
b. False - ANSWERa. True
What is it most that a dealer can charge customer for smog fee and smog certificate?
a. $25
b. $35
c. $45
d. $50 - ANSWERd. $50
The Report of Sales Book is provided by the DMV and is the property of the dealer.
a. True
b. False - ANSWERb. False
