Wisconsin Motor Vehicle Salesperson Manual Practice Test

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Prepare for the Wisconsin Motor Vehicle Salesperson Test. Study with interactive flashcards, multiple-choice questions, and detailed explanations for each question. Ace your exam with ease!

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What is needed before completing a prelease agreement with a customer?

  1. Approval from the vehicle manufacturer

  2. Signature of the dealership owner

  3. Lease term disclosures as required by law

  4. State approval

The correct answer is: Approval from the vehicle manufacturer

Before completing a prelease agreement with a customer, approval from the vehicle manufacturer is needed. This is because the manufacturer must review and approve the terms of the lease before it can be finalized. Option B, signature of the dealership owner, may also be needed but it is not the primary requirement. Option C, lease term disclosures as required by law, is important but not directly related to completing a prelease agreement. Option D, state approval, may be necessary but it is not as critical as the approval from the vehicle manufacturer. Therefore, option A is the correct answer.

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