Wisconsin Motor Vehicle Salesperson Manual Practice Test

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Prepare for your Wisconsin Motor Vehicle Salesperson Exam with an engaging quiz format featuring multiple choice questions and detailed explanations. Stay ahead of the competition and ensure your success on test day!

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Can the customer cancel the vehicle purchase contract during the "cooling off" period?

  1. Only if they pay a penalty

  2. Yes

  3. No

  4. Only with dealer consent

The correct answer is: Only if they pay a penalty

During the "cooling off" period, customers have the option to cancel a vehicle purchase contract and receive a full refund without any penalty. Option B and D are incorrect because they suggest that there is no penalty or dealer consent required to cancel during this period, which is not true. Option C is incorrect because it suggests that customers are not allowed to cancel during this period at all, which is also not true. Option A is the most accurate because it acknowledges that there is a penalty involved, but still allows for cancellation during the cooling off period.

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