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DMV Salesperson Practice Exam Questions with What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? Correct Answer-A $1,000 civil penalty The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if: Correct Answer-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: Correct Answer-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: Correct Answer-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. 1 / 3
A dealer licensed as a franchise or independent dealer may buy and sell
motorcycles, trailers and motor homes if they have the proper: Correct
Answer-License issued by DMV.
A second set of temporary tags may be issued to a customer if: Correct
Answer-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: Correct Answer-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: Correct
Answer-5 days.
Temporary transport plates may be used to: Correct Answer-Transport
vehicles from auctions or other points of purchase or sale. 2 / 3
A salesperson's "certificate of qualification": Correct Answer-Must be obtained before applying for a salesperson's license.Penalties for violating provisions of the statutes pertaining to motor
vehicle salespersons include: Correct Answer-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: Correct Answer-Has 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: Correct Answer-Certificate of registration.
The following must be licensed to engage in business in Virginia:
Correct Answer-Motor Vehicle Dealer.Motor Vehicle Distributor or Manufacturer.
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