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Virginia Salesperson s License Study Guide Graded A+ Updated 2024
Virginia Salesperson s License Study Guide Graded A+ Updated 2024
[Show more]Virginia Salesperson s License Study Guide Graded A+ Updated 2024
[Show more]What is the penalty for violating the disclosure provisions of the Virginia Dealer 
Licensing Act's "As Is" law? 
A. A $1,000 fine. 
B. The customer may return the vehicle. 
C. A 10 day suspension of the dealer's license. 
D. Both A and B above. - ANSWER-D. Both A and B above 
Vehicles can be so...
Preview 3 out of 23 pages
Add to cartWhat is the penalty for violating the disclosure provisions of the Virginia Dealer 
Licensing Act's "As Is" law? 
A. A $1,000 fine. 
B. The customer may return the vehicle. 
C. A 10 day suspension of the dealer's license. 
D. Both A and B above. - ANSWER-D. Both A and B above 
Vehicles can be so...
What is the penalty for violating the disclosure provisions of the Virginia Dealer 
Licensing Act's "As Is" law? 
A. A $1,000 fine. 
B. The customer may return the vehicle. 
C. A 10 day suspension of the dealer's license. 
D. Both A and B above. - ANSWER-D. Both A and B above 
Vehicles can be so...
Preview 3 out of 19 pages
Add to cartWhat is the penalty for violating the disclosure provisions of the Virginia Dealer 
Licensing Act's "As Is" law? 
A. A $1,000 fine. 
B. The customer may return the vehicle. 
C. A 10 day suspension of the dealer's license. 
D. Both A and B above. - ANSWER-D. Both A and B above 
Vehicles can be so...
The "Processing Fee" is 
A charge by a dealer for processing a transaction. 
If a salesperson is found guilty of violating one or more of the provisions of the 
Virginia Dealer Laws, the Motor Vehicle Dealer Board may, after following the 
prescribed procedures: 
1. Assess a civil penalty fine on ...
Preview 2 out of 12 pages
Add to cartThe "Processing Fee" is 
A charge by a dealer for processing a transaction. 
If a salesperson is found guilty of violating one or more of the provisions of the 
Virginia Dealer Laws, the Motor Vehicle Dealer Board may, after following the 
prescribed procedures: 
1. Assess a civil penalty fine on ...
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