DMV Salesperson Practice Exam updated Questions and Answers 100% Correct What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law?✔✔A $1,000 civil penalty
The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if:✔✔A 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:✔✔Between the time it comes into a dealer's inventory and the time it is sold at retail.
If a vehicle does not pass inspection:✔✔The 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:✔✔License issued by DMV.
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A second set of temporary tags may be issued to a customer if:✔✔The 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:✔✔May not charge the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than:✔✔5 days.
Temporary transport plates may be used to:✔✔Transport vehicles from auctions or other points of purchase or sale.
A salesperson's "certificate of qualification":✔✔Must be obtained before applying for a salesperson's license.
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons
include:✔✔A 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:✔✔Has not been previously titled.
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