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VA MOTOR VEHICLE DEALER SALESPERSON STUDY GUIDE WITH COMPLETE SOLUTIONS $10.49
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VA MOTOR VEHICLE DEALER SALESPERSON STUDY GUIDE WITH COMPLETE SOLUTIONS
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VA MOTOR VEHICLE DEALER SALESPERSON STUDY GUIDE WITH COMPLETE SOLUTIONS Virginia law allows dealers to sell vehicles "As Is" if the following 3 items are in place: - ANSWER ️️ (A) A Buyers Guide is completely filled out, signed, and dated by the buyer. (B) The dealer provides the buyer, pr...

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  • December 9, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • va motor vehicle dealer salesperson study guide

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  • SALES LICENSE
  • SALES LICENSE

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KatelynWhitman

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VA MOTOR VEHICLE DEALER SALESPERSON STUDY GUIDE WITH COMPLETE SOLUTIONS Virginia law allows dealers to sell vehicles "As Is" if the following 3 items are in place: - ANSWER ✔️✔️(A) A Buyers Guide is completely filled out, signed, and dated by the buyer. (B) The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale. (C) A disclosure is printed on the front of the buyers order. Under the Truth In Lending Act, what 3 things must be disclosed to the customer? - ANSWER ✔️✔️(A) Total number of payments. (B) Late payment pena lty. (C) Annual percentage rate. In general, a completed buyers order is legally binding when: - ANSWER ✔️✔️Both parties agree on a price and sign the buyers order. Name 3 key facts about a salesperson's license. - ANSWER ✔️✔️(A) No salesperson shall be employed by more than one dealer, unless the dealerships are owned by the same person, partnership or corporation. (B) Each dealership must post a list of the salespersons who work there. (C) Salespersons must carry their license at all times and show it w hen asked. Temporary transport plates may be issued for how many days? - ANSWER ✔️✔️5 days When is a Print on Demand (PoD) tag and temporary registration titled and registered in Virginia issued? - ANSWER ✔️✔️When the vehicle title is not available at th e time of sale. How long can a PoD tag and temporary registration titled and registered in Virginia can be issued? - ANSWER ✔️✔️Only one 30-day period.

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