Truth in Mileage Flashcards
1
Q
Odometer disclosure statements, copies of front and back of titles and reassignments and all paperwork resulting from a sale, must be kept for:
A
5 years.
2
Q
Under the Truth in Mileage Act, what form or forms must be printed on paper that
discourages alterations?
A
Title.
Reassignment.
Power of Attorney.
3
Q
When transferring ownership, the transferor discloses mileage by:
A
Signing the title or reassignment and printing their name.
4
Q
The vehicle’s odometer reading, without tenths, is used to disclose and affirm the
vehicle’s mileage. (T/F)
A
True.
5
Q
Mileage may be disclosed by including the odometer reading on the Buyer’s Order and
having the buyer initial.
A
False.