Car Dealer License Test EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE QUESTIONS AND, Exams of Nursing

Download Car Dealer License Test EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE QUESTIONS AND and more Exams Nursing in PDF only on Docsity! Car Dealer License Test EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ The national Motor Vehicle Title information System requires which of the following? a. All warranty agreements be sent to DMV b. All vehicles have a Car Fax c. A red warning decal be placed on vehicles with branded titles d. Both A & B - CORRECT ANSWER c. A red warning decal be placed on vehicles with branded titles when a dealer sells a vehicle that was consigned to them to sell, they must a. Provide the seller an accounting and payment within 20 days of the sale b. Test drive it before agreeing to sell it c. Provide a warranty d. None of the above - CORRECT ANSWER a. provide the seller an accounting and payment within 20 days of the sale Which of he following are permitted methods for computing interest rates a. The pre-computed Basis method b. The simple Interest basis method c. The Friedman Method d. Both A & B - CORRECT ANSWER d. Both A & B The maximum a dealer may charge a customer for a smog test is: a. $8 b. $12 c. $50 d. $45 - CORRECT ANSWER c. $50 The basic DMV transfer fee to transfer the title into the buyer's name is a. $15 b. $12 c. $80 d. $25 - CORRECT ANSWER a. $15 If the buyer defaults on a conditional sales contract, the dealer may, subject to proper notification to the buyer a. Accelerate amount due b. Repossess vehicle c. Sell vehicle d. All of the above - CORRECT ANSWER d. All of the above Which of the following are taxable in a vehicle sales transaction? a. document preparation fee b. $50 Smog fee paid to the seller/dealer c. Both A & B d. Insurance fees - CORRECT ANSWER c. Both A & B Which of the following are not taxable in a vehicle sales transaction? a. Finance Charges b. Insurance charges c. Smog certificate fee (paid to the state) d. All of the above - CORRECT ANSWER d. All of the above Buy here pay here (self-financing) dealers must: a. Charge interest rates that are 20% less than 20% above prime rate b. Offer 30 day or 1,000 mile warranties, and put fair market value notices on their vehicles c. send 50% of all interest charged to DMV d. Finance all vehicles sold for more than $50,000 - CORRECT ANSWER b. Offer 30 day or 1,000 mile warranties, and put fair market value notices on their vehicles Which of the following is a required safety equipment item a. Padded dashboards b. Smog Equipment c. Door Locks d. Reclining Seatbacks - CORRECT ANSWER b. Smog Equipment Advertisements must identify the dealer by which of the following a. Phone number b. The dealership name c. "dlr" d. "Dealer" - CORRECT ANSWER b. The dealership name If a vehicle has been sold, any advertising on that vehicle must be withdrawn within: a. 12 hours b. 48 hours c. 36 hours d. One Week - CORRECT ANSWER b. 48 hours If a dealer buys a vehicle with an odometer that is not working, the dealer must a. Tell the buyer that the odometer is broken b. Repair the odometer before selling the vehicle Which of the following is a correct statement concerning the use of special plates? - CORRECT ANSWER Special plates may be used by towing other vehicles in some circumstances A dealer must not: - CORRECT ANSWER lend a special plate or dealer license, employ unlicensed salesperson, pay "bird dog" which of the following is required to have a salesperson license? - CORRECT ANSWER Sales Manager and Finance manager A vehicle does not require a smog inspection when: - CORRECT ANSWER The vehicle was constructed before 1976 and when the vehicle is sold at wholesales between dealers Special Plates may properly be used: - CORRECT ANSWER By employees during the course and scope of the their employment The maximum a dealer may charge a buyer for smog testing a vehicle is: - CORRECT ANSWER $50.00 plus the cost of the certificate A dealer must submit their Report of Sales electronically to DMV using which of the following approved providers? - CORRECT ANSWER Business Partner Automation Providers and Fairfax Imaging A dealer must submit an application to transfer registration of a vehicle within how many calendar days of the date of sale? - CORRECT ANSWER 30 days To obtain a dealers license you must obtain a surety bond for what amount - CORRECT ANSWER $50,000 or $10,000 An occupational license is valid for how long? - CORRECT ANSWER 2 years Failure to renew the dealership license by the expiration date results in: - CORRECT ANSWER Cancellation of the license after a 30 day extension period and Late penalties if the license is renewed during the 30 day extension All dealer must have a display area except: - CORRECT ANSWER Wholesale dealers What must the dealer attach to every used vehicle offered for sale? - CORRECT ANSWER The Federal Buyers Guide Class D license is for anyone driving a vehicle or combined set of vehicles in this weight range _____, as long as they are not carrying hazardous materials - CORRECT ANSWER 10,001-26,001 pounds A Class D license allows for a driver-for-fire to drive any vehicle fitting into the Class __ requirements - CORRECT ANSWER E you must be ____ years old to receive a class D license - CORRECT ANSWER 17 the maximum width for all vehicles except buses is ___ - CORRECT ANSWER 8 feet the maximum width for buses is ____ - CORRECT ANSWER 8ft 6in the load may not project more than ___ beyond the width of the body - CORRECT ANSWER 6in the maximum height for all vehicles is ___ - CORRECT ANSWER 13ft 6in the maximum length for any single vehicle including its load is ___ - CORRECT ANSWER 40ft the maximum length for a truck-tractor and trailer combination is ___ - CORRECT ANSWER 65ft the maximum height, length, and width requirements do not apply to ____, ______, or ____ as long as they are operating during daylight - CORRECT ANSWER auto carriers, trailers hauling poles or pilings, trailers hauling logs when securing a load, the contents must not be allowed to ____, ____, _____, or ______ and the cover must be securely fastened - CORRECT ANSWER drop, shift, leak, otherwise escape any load may not extend more than ____ in front of the vehicle - CORRECT ANSWER 4ft any load except for poles, pilings, and logs may not extend more than ___ beyond the rear of the vehicle - CORRECT ANSWER 8ft poles, pilings, and logs may not extend more than ___ beyond the rear of the trailer - CORRECT ANSWER 15ft if a load extends more than ___ past the body of the vehicle a 12 in square _____ must be attached to the load during daylight and a ____ must be attached during nighttime - CORRECT ANSWER 4 ft, red flag, red light the red light attached to the load at night must be visible from ____ - CORRECT ANSWER 500ft when pulling or towing another motor vehicle the speed limit is _____ - CORRECT ANSWER 45 mph the speed limit for school buses which are frequently stopping to load or unload children is ___ - CORRECT ANSWER 35mph for all other vehicle, where the posted speed limit permits, the maximum speed limit is ___ - CORRECT ANSWER 70mph on rural highways, outside residential area or business districts, drivers of motor trucks must not follow within _____ of one another except to pass - CORRECT ANSWER 400 ft high beam headlights must be dimmed at ___ from oncoming traffic and ____ from a vehicle being followed - CORRECT ANSWER 500ft, 200ft you must stop within___ but not closer than ___ from the a railway crossing - CORRECT ANSWER 50ft, 15ft vehicles transporting passengers must be equipped with this type of fire extinguisher - CORRECT ANSWER 2-BC tow trucks must have this type of fire extinguisher - CORRECT ANSWER 4-BC vehicles transporting explosives must have this type of fire extinguisher - CORRECT ANSWER 10-BC freight carrying vehicles and passenger buses must carry either 3 ____, 3____, or 3 ____ and 2____ as warning equipment. - CORRECT ANSWER flares, electric red lanterns or red portable reflectors, and 2 12 inch square red cloth flags flares or fuses are not allowed on these trucks - CORRECT ANSWER those carrying explosives, flammable liquids, compressed gases, or those using compressed gas for fuel warning signals must be places ___ behind and ___ in front of the vehicle and one ____ to the front or rear on the side of the vehicle facing traffic when it breaks down - CORRECT ANSWER 100 ft, 100ft, 10ft the draw bar used to tow another vehicle must not be more than ___ except when transporting objects which can not be easily dismembers like poles, pipes, or machinery - CORRECT ANSWER 15 ft the rear view mirror must reflect an image reaching at least ____ behind the vehicle - CORRECT ANSWER 200ft vehicles weighing or carrying more than ___ must be equipped with extra brakes - CORRECT ANSWER 3,000 pounds ___ brakes are a safe way of stopping large vehicle when used correctly - CORRECT ANSWER air How many vehicles can a private party buy and sell for profit in a year without a dealer license? - CORRECT ANSWER 0 Automatic cancellation of a dealers license will occur upon the happening of which event? - CORRECT ANSWER failure to maintain the minimum bond amount of $50,000 or $10,000 depending on what license you have. Where can the rules for the dealer licensing be found? - CORRECT ANSWER The California vehicle code A dealer must disclose the buyer which of the following about the vehicle for sale: - CORRECT ANSWER All of the above What must a dealer do when selling a vehicle that does not currently have California license plates? - CORRECT ANSWER Print a temporary license plate and attach it to the vehicle What must a dealer do when selling a Lemon Law Buyback vehicle? - CORRECT ANSWER Provide the buyer a written Lemon Law disclosure statement to be signed by the buyer. Used Vehicle dealers must offer which of the following when selling vehicles for less than $40,000? - CORRECT ANSWER A contract cancellation agreement allowing the buyer to return the vehicle within 2 days Where the dealer repairs an odometer, and the odometer is incapable of registering the same mileage as before service, the dealer must: a. Set the odometer to 0 b. Attach a written notice to the left doorframe specifying the previous mileage and date of repair c. Estimate mileage and set the odometer to that mileage d. Both A & B - CORRECT ANSWER d. Both A & B Is it ever legal for a dealer to reset, or "roll back" an odometer to show less than the actual mileage? a. Yes if the dealer tells the buyer how much he rolled back the odometer b. Yes if the dealer puts the original mileage in writing on the contract c. Yes if the dealer asks the buyer if it is okay with them to do the roll back d. No - CORRECT ANSWER d. No DMV requires special plates (dealer plates) be placed where on the vehicle? a. On the dashboard b. In the rear window c. In the rear, over the existing license plate d. On the trunk, or hanging off the bumper - CORRECT ANSWER c. In the rear, over the existing license plate Auto brokers must do which of the following a. Limit deposits to 2.5% of the purchase price, and all deposits in a separate trust account b. Use any deposits received to pay the broker - CORRECT ANSWER a. Limit deposits to 2.5% of the purchase price, and all deposits in a separate trust account Which of the following is not required to transfer a vehicle a. Endorsed Certificate of Ownership b. A report of prior service records for the vehicle since new c. Odometer mileage reading d. Smog Certificate - CORRECT ANSWER b. A report of prior service records for the vehicle since new Which of the following must sign the Certificate of Ownership? a. The legal owner b. The registered owner c. The transferee d. All of the above - CORRECT ANSWER d. All of the above Registration fees are due at the time of the retail sale where a. The registration will expire within 30 days of the date of sale b. The registration has already expired c. Registration fees are always due at the time of sale d. Both A & B - CORRECT ANSWER d. Both A & B If the registration of a vehicle expires while a vehicle is in the dealer's inventory, is the dealer responsible for paying late registration penalties a. Yes b. Sometimes c. No - CORRECT ANSWER c. No A dealer shall submit a registration application and fees to DMV within how many days of the date of sale? a. 10 b. 20 c. 30 d. 40 - CORRECT ANSWER c. 30 An administrative service fee is imposed for which of the following: a. All of the answers b, c, and d, below b. Failing to notify DMV of a sale within 5 calendar days of the date of sale c. Failing to attach a copy of the Temporary identification form on the vehicle d. Failing to correct a returned application for registration within 50 days of the sale date - CORRECT ANSWER a. All of the answers b, c, and d, below