Wisconsin Motor Vehicle Salesperson Manual Practice Test

Question: 1 / 400

Which of the following must dealerships disclose as "material history" about a vehicle?

The information is important to any reasonable person

The buyer asks about it

The dealership knows the information would be important to the buyer

All of the above

A While this may seem like a logical choice, it is not enough to simply assume that a person would find the information important. Dealerships must have specific knowledge that the information would be relevant to a potential buyer.

B: This is only relevant if the buyer specifically asks about the information. Dealerships are not required to disclose all potential information without being prompted.

C: This is the correct answer. Dealerships must disclose any information that they know or should reasonably know would be important to a potential buyer.

D: This is the correct answer. All of the above scenarios must occur for the information to be considered "material history" that must be disclosed by the dealership.

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