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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 -correct answerC. All of the above
The maximum fee allowed for documentation preparation is:
a. $10
b. $25
c. $30
d. $65 -correct answerd. $65
The maximum fee allowed for smog is:
a. $15
b. $20
c. $30
, d. $50 -correct 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 -correct 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 -correct answerc. 50
All deals negotiated in Spanish require the dealer to provide a spanish language
contract.
a. True
B. False -correct answera. True
In advertising, a dealer must identify his herself by:
a. Slogan name or Business License Name
b. License number
c. Address -correct answera. Slogan name or Business License Name
When a vehicle is sold prior to the expiration of the ad, the dealer has 48 hours to
request (IN WRITING) withdrawal of the vehicle ad or overprint the word "SOLD" over
particular vehicle.
a. True
b. False -correct answera. True
When Advertising, which of the following does the Dealer not have to disclose?
a. Vehicle Identification Number or License number
b. Total price
c. Statement "not including taxes, doc & smog fees, registration & CA tire fee
d. Color -correct answerd. Color
It is unlawful to violate any law prohibiting Bait and Switching Advertising: the practice of
advertising a low price with the intent to switch the consumer to a higher priced vehicle.
a. True
b. False -correct answera. True
If the mileage exceed the mechanical function of the odometer and goes over 100,000
miles, this means that the odometer cannot register the actual mileage. You must:
a. Reset it