Auto Salesperson License (Wisconsin Only) Exam Questions with Correct Answers

Auto Salesperson License (Wisconsin Only) Exam Questions with Correct Answers who needs a motor vehicle salesperson license? - Correct Answers anyone who wants to sell/lease vehicles in Wisconsin what are the requirements for a salesperson license? - Correct Answers - 18 + years old - agree to follow the "good faith" salesperson standards - familiar to sales contract laws how do you renew your license? - Correct Answers Your employer renews the license and pays the fee. There is no written text for renewals how do you get a duplicate salesperson license? - Correct Answers Employer completes the application for your lost/destroyed licenses what happens when you change dealerships? - Correct Answers during your licensed period you give your license o the former employer and complete a new application at the new place of employment What do you do when you terminate emplyment? - Correct Answers when you terminate employment you give your license to your employer before leaving what is a lapsed license? - Correct Answers when your WI license expired more than 5 years ago. you will need to retake the written test. fee and application is the same as first time applicants what happens if there's a criminal conviction? - Correct Answers under most circumstances you may be licensed even if you are convicted of a crime. the dealer/agent will investigate before approving or denying your license. What do you do if you were Denied? - Correct Answers if your application on a motor vehicle salesperson license is declined you may appeal to the division of hearing and appeals. if your application is denied you'll receive a denial letter which contains reasons why and instructions on how to get an appeal What is a Dealership group? - Correct Answers A dealership group is 2 or more dealerships with the same majority owner. What arent you allowed to do when Advertising? - Corre