Frequently Asked Questions
Q: WHAT TYPES OF QUESTIONS ARE COVERED IN CLASS?
– What is required to receive a Dealer’s license?
– Where can I obtain Bonding, Insurance, etc?
– How much Bonding, Insurance, etc., is required?
– What sales tax requirements are unique to this industry alone?
– How does the GLB PRIVACY ACT affect my business?
– How do the RED FLAG RULES Affect my business?
-Do I really have to research all buyers against the (SDN) Specially Designated Nationals list, before I sell them a vehicle?
– Are there really three reports required when I receive over $10,000 in cash?