Dealer FINAL EXAM Test
Actual Questions and Answers
100% Guarantee Pass.
This Exam contains:
100% Guarantee Pass.
Actual Questions and Answers
Multiple choice (single best answer)
Case Studies/Scenario-Based Questions Verified Rationales
,1. A dealer's license and special plates shall be automatically canceled if
Answer> The dealer abandons the established place of business, The dealer fails to
maintain an adequate bond, and The CDTFA resale permit is suspended
2. A dealer must affix to all vehicles offered for sale
Answer> A federal trade commission buyers guide
3. Every retail dealer shall have a sign erected or posted at his place of
business.The sign shall have a total size of not less than
Answer> Two square feet
4. Each retail dealer is required to maintain a proper display area
Answer> At all times
5. Signs on all vehicles indicating the main location address
Answer> Is not required at a licensed dealer location
6. A licensed dealer location must have all of the following
Answer> An office for the exclusive use of the dealer, A Sign indicating the name and
address of the dealer, and A Display area large enough to display the types
7. Should the dealer change the site or location of his established place of
business, he shall notify the department
Answer> Immediately
,8. The basic fee for transfer of ownership on a California registered vehicle is
Answer> $15
9. Any dealer who sells a vehicle when the title is branded "Lemon law buyback
"shall provide a disclosure statement to the buyer
Answer> Prior to the sale of the vehicle
10. It is legal to reset the odometer reading on a vehicle
Answer> It is never legal to reset the odometer reading
11. A dealer MUST withdraw any advertisement of a vehicle that has been sold
within
Answer> 48 hours
12. A dealer may generate an electronic report of sale book to
Answer> It is never legal to generate a report of sale book to anyone.
13. An auto broker must also be licensed as a
Answer> Retail dealer
14. A conditional sales contract is
Answer> An agreement between the buyer and dealer for payments.
15. If a dealer accepts a vehicle as a trade-in if it is stolen, which of the
following will happen?
Answer> The vehicle is returned to the rightful owner
, 16. Licensing requirements for a dealer's license in California are from
Answer> The vehicle code
17. A dealer must include in all advertisements all of the following except
Answer> The color of the vehicle
18. A dealer must include in all advertisements all of the following
Answer> The total price of the vehicle, The make of the vehicle and The vehicle
identification number or license plate number
19. You may keep DMV licensing fees in excess of DMV fees paid to you.
Answer> You may never keep any excess DMV fees paid to you
20. Which employees of dealership must be licensed as a DMV vehicle sales-
person?
Answer> Salespersons, Sales managers, and Finance managers
21. All the agreements of the buyer and seller with respect to the total cost and
terms of payment must be contained in a single document. That document is
Answer> The conditional sales contract
22. Which legal actions may be taken against a dealer if they violate the laws,
rules and regulations related to their licensed activity?
Answer> Administrative action, Criminal action, and Civil action
23. Within 20 days after the sale of a consigned vehicle the dealer must notify
Actual Questions and Answers
100% Guarantee Pass.
This Exam contains:
100% Guarantee Pass.
Actual Questions and Answers
Multiple choice (single best answer)
Case Studies/Scenario-Based Questions Verified Rationales
,1. A dealer's license and special plates shall be automatically canceled if
Answer> The dealer abandons the established place of business, The dealer fails to
maintain an adequate bond, and The CDTFA resale permit is suspended
2. A dealer must affix to all vehicles offered for sale
Answer> A federal trade commission buyers guide
3. Every retail dealer shall have a sign erected or posted at his place of
business.The sign shall have a total size of not less than
Answer> Two square feet
4. Each retail dealer is required to maintain a proper display area
Answer> At all times
5. Signs on all vehicles indicating the main location address
Answer> Is not required at a licensed dealer location
6. A licensed dealer location must have all of the following
Answer> An office for the exclusive use of the dealer, A Sign indicating the name and
address of the dealer, and A Display area large enough to display the types
7. Should the dealer change the site or location of his established place of
business, he shall notify the department
Answer> Immediately
,8. The basic fee for transfer of ownership on a California registered vehicle is
Answer> $15
9. Any dealer who sells a vehicle when the title is branded "Lemon law buyback
"shall provide a disclosure statement to the buyer
Answer> Prior to the sale of the vehicle
10. It is legal to reset the odometer reading on a vehicle
Answer> It is never legal to reset the odometer reading
11. A dealer MUST withdraw any advertisement of a vehicle that has been sold
within
Answer> 48 hours
12. A dealer may generate an electronic report of sale book to
Answer> It is never legal to generate a report of sale book to anyone.
13. An auto broker must also be licensed as a
Answer> Retail dealer
14. A conditional sales contract is
Answer> An agreement between the buyer and dealer for payments.
15. If a dealer accepts a vehicle as a trade-in if it is stolen, which of the
following will happen?
Answer> The vehicle is returned to the rightful owner
, 16. Licensing requirements for a dealer's license in California are from
Answer> The vehicle code
17. A dealer must include in all advertisements all of the following except
Answer> The color of the vehicle
18. A dealer must include in all advertisements all of the following
Answer> The total price of the vehicle, The make of the vehicle and The vehicle
identification number or license plate number
19. You may keep DMV licensing fees in excess of DMV fees paid to you.
Answer> You may never keep any excess DMV fees paid to you
20. Which employees of dealership must be licensed as a DMV vehicle sales-
person?
Answer> Salespersons, Sales managers, and Finance managers
21. All the agreements of the buyer and seller with respect to the total cost and
terms of payment must be contained in a single document. That document is
Answer> The conditional sales contract
22. Which legal actions may be taken against a dealer if they violate the laws,
rules and regulations related to their licensed activity?
Answer> Administrative action, Criminal action, and Civil action
23. Within 20 days after the sale of a consigned vehicle the dealer must notify
