Exam (elaborations)
DMV Salesperson Practice Exam 2024/2025 already graded A+
- Course
- Institution
DMV Salesperson Practice Exam 2024/2025 already graded A+
[Show more]
Content preview
DMV Salesperson Practice ExamWhat is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's
"As Is" law? - ANSA $1,000 civil penalty
The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if: - ANSA Buyers Guide is completely filled out, signed,
and dated by the buyer.
The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of
an "As Is" sale.
A disclosure is printed on the front of the buyers order.
A vehicle must be inspected: - ANSBetween the time it comes into a dealer's inventory and the
time it is sold at retail.
If a vehicle does not pass inspection: - ANSThe dealer may bring it into compliance.
The dealer may deliver the vehicle with a valid rejection sticker and a written disclosure, which
may be in the form of an official inspection receipt.
A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers
and motor homes if they have the proper: - ANSLicense issued by DMV.
A second set of temporary tags may be issued to a customer if: - ANSThe title is not available at
the end of the first 30-day period.
The vehicle is to be titled and registered out of state.
All paper work is submitted to DMV along with an explanation as to why a second set needs to
be issued.
All required fees are submitted to the Department of Motor Vehicles.
When issuing temporary license plates, the dealer: - ANSMay not charge the customer more
than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - ANS5 days.
, Temporary transport plates may be used to: - ANSTransport vehicles from auctions or other
points of purchase or sale.
A salesperson's "certificate of qualification": - ANSMust be obtained before applying for a
salesperson's license.
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons
include: - ANSA civil penalty of not more than $1,000 per violation.
Suspension of the license.
Revocation of the license.
A new motor vehicle is defined as one which: - ANSHas not been previously titled.
Has less than 7,500 miles on the odometer.
Any person who is licensed in another state of the United States as a motor vehicle dealer may
sell vehicles at wholesale auctions in Virginia only after obtaining a: - ANSCertificate of
registration.
The following must be licensed to engage in business in Virginia: - ANSMotor Vehicle Dealer.
Motor Vehicle Distributor or Manufacturer.
Motor Vehicle Salesperson.
TRUE / FALSE:
No salesperson shall be employed by more than one dealer, unless the dealerships are owned
by the same person, partnership or corporation. - ANSTRUE
TRUE / FALSE:
Each dealership must post a list of the salespersons that work there. - ANSTRUE
TRUE / FALSE:
Salespersons must carry their license at all times and show it when asked. - ANSTRUE
Temporary certificates of ownership issued by dealers must contain: - ANSDate of issuance.
Name and address of purchaser.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now