AFIP Test (AFIB Master Certification Test) -
Questions With Accurate Solutions Terms
Save
Practice questions for this set
Learn 1 /7 Study with Learn
1. Use the store's running avg for new and used vehicles for the last 60-90
days.
2. Tell the customer his payments are being calculated on the store avg. your
payment could be higher or lower depending on your credit worthiness.
Choose an answer
1 First pencil quote 2 Payment Packing
3 Buy Here Pay Here Dealer 4 Buyers Guide
Don't know?
Terms in this set (81)
, 1.Can't give leg
2. UDAP claim
Payment Packing
3. Against the law in CA
4. Against AFIP code of ethics
1. violation of the dealer agreement
2. have to buy back the deal
3. problem if the car is repossessed
PowerBooking 4. UDAP claim
5. Funding sources have software to identify
equipment
6. Lose AFIP certification
1. Offer
3 Elements of a Contract 2. Acceptance
3. Consideration
1. In the English version of the BG there is a setence in
Spanish that tells a customer he can get a Spanish BG
if he wants one.
Spanish Language
2. if the transaction is in the Spanish, the BG has to be
Transactions (Buyers
in Spanish.
Guide)
3. if your pursuing the Spanish market, you should
have both English and Spanish buyers guides on the
cars.
The BG cannot be the sole source of warranty
Buyers Guide
information
*In an implied warranty state, state law will override
Implied Warranty State
the provisions of a service contract
1. a website to get the history on the vehicle
2 Provisions on the BG
2. a website about safety recalls
Car is on the lot marked You have to redo the BG
AS-IS, but the sales
person throws in a 3/3
warranty
Questions With Accurate Solutions Terms
Save
Practice questions for this set
Learn 1 /7 Study with Learn
1. Use the store's running avg for new and used vehicles for the last 60-90
days.
2. Tell the customer his payments are being calculated on the store avg. your
payment could be higher or lower depending on your credit worthiness.
Choose an answer
1 First pencil quote 2 Payment Packing
3 Buy Here Pay Here Dealer 4 Buyers Guide
Don't know?
Terms in this set (81)
, 1.Can't give leg
2. UDAP claim
Payment Packing
3. Against the law in CA
4. Against AFIP code of ethics
1. violation of the dealer agreement
2. have to buy back the deal
3. problem if the car is repossessed
PowerBooking 4. UDAP claim
5. Funding sources have software to identify
equipment
6. Lose AFIP certification
1. Offer
3 Elements of a Contract 2. Acceptance
3. Consideration
1. In the English version of the BG there is a setence in
Spanish that tells a customer he can get a Spanish BG
if he wants one.
Spanish Language
2. if the transaction is in the Spanish, the BG has to be
Transactions (Buyers
in Spanish.
Guide)
3. if your pursuing the Spanish market, you should
have both English and Spanish buyers guides on the
cars.
The BG cannot be the sole source of warranty
Buyers Guide
information
*In an implied warranty state, state law will override
Implied Warranty State
the provisions of a service contract
1. a website to get the history on the vehicle
2 Provisions on the BG
2. a website about safety recalls
Car is on the lot marked You have to redo the BG
AS-IS, but the sales
person throws in a 3/3
warranty
