Email Address*

Participant's Name*

Member Dealership Name:*

1. A dealer sells a vehicle for $20,000 and provides a $2,000 discount. The customer trades in a vehicle worth $5,000 (same general kind). What amount is RST calculated on?

 A) $13,000
 B) $18,000
 C) $20,000
 D) $15,000

2. A dealer advertises a vehicle price of $19,999 but adds mandatory fees at the time of sale that were not included in the advertised price. Is there an issue?

 A) No issue if disclosed during the sale of the vehicle.
 B) Acceptable if fees are reasonable
 C) All-in pricing rules require all mandatory fees to be included in the advertised price
 D) Only applies to new vehicles

3. A dealer allows a newly hired salesperson to negotiate or discuss terms of a sale before their permit is issued, but another licensed salesperson finalizes the paperwork. Is there an issue here?

 A) No issue
 B) Allowed if supervised by a Dealer Permit holder
 C) Only the final sale paperwork matters
 D) Salesperson must have a valid Salesperson’s Permit before acting in any sales capacity

4. When is a Status Indian generally exempt from paying RST on a vehicle purchase?

 A) Anytime they present a status card
 B) Only when they present a valid status card and the vehicle is delivered to a reserve by the dealer or their agent
 C) Only if the vehicle is under $10,000
 D) Only if financed

5. A dealer advertises a vehicle price. What information must be included in the ad?

 A) Contact phone number only
 B) Dealer name and permit number
 C) Payment amount
 D) VIN only

6. A dealer fails to notify MPI of a change in business location or directors within 7 days. According to MPI's new Flagging Point System - what type of issue is this?

 A) No issue
 B) Nominal violation
 C) Critical violation issue
 D) Administrative note only

7. A dealer advertises a vehicle with a low monthly payment but does not prominently display the total price. What is the issue?

 A) No issue if the total price is explained at the dealership
 B) Monthly payment advertising rules only apply to new vehicles
 C) Total price must be at least as prominent as payment information
 D) Only applies if financed

8. A dealer issues an Interim Registration Permit but does not provide a Certificate of Inspection (COI) at the time of sale. Is there a potential problem in this instance?

 A) Dealer must provide a passed COI before issuing an Interim Registration Permit
 B) A COI is only required after the sale is complete
 C) No problem if the vehicle passed the inspection
 D) Only required for commercial vehicles

9. Where must a dealer’s permit be displayed?

 A) In the Permit holder’s office
 B) At the place of business, visible to the public
 C) Only on the dealer’s website
 D) Only upon request

10. Which of the following situations does NOT require a Certificate of Inspection (COI)?

 A) Sale of a used vehicle to a retail customer
 B) Sale of a previously leased vehicle
 C) Transfer of inventory between two dealers
 D) Consignment sale