Week Two (Tuesday) - Jsg - 2.01 - 2.02

The given options are numbers, except for "Unlimited," which is not a number. Therefore, the number that is not a title float option is 9.

The correct answer is $500. This is because the question asks for the maximum amount of disclosed deferred down payment allowed on a contract if collected 15 days before the first payment is due. Among the given options, $500 is the highest amount mentioned.

"EV" stands for "Equipment Variance". This term refers to the difference between the actual and expected performance or cost of equipment. It is used to measure and analyze the effectiveness and efficiency of equipment in various industries.

A Mexican driver's license does not constitute fraud because it is a valid form of identification issued by the government of Mexico. Fraud typically involves deceit or misrepresentation, but possessing a Mexican driver's license is not inherently fraudulent.

The minimum number of pictures to be submitted with the dealer agreement is 3. This means that the dealer agreement requires at least 3 pictures to be included when it is submitted.

In the Dealer Agreement, Section 7 states the Dealer's Obligation to Repurchase. According to the rule, it is required for the Dealer Principal to initial this section. Therefore, the correct answer is true.

The dealer is given 10 days to pay off upon receipt of the FPD notification.

The number of contracts funded is not a common compliance issue. Compliance issues typically involve issues related to titles, first payment defaults (FPD's), fraud, and retail installment contract terms. However, the number of contracts funded does not directly relate to compliance concerns.

The initial notification is sent to the dealer on an overdue title 30 days past due. This means that if a title has not been resolved or updated within 30 days after its due date, the dealer will receive an initial notification regarding the overdue title.

The dealer receives the second notice asking for the full buy-back 60 days past due.

At 100 days past due on a title, all of the mentioned actions occur. A letter is sent to the dealer principal to inform them about the overdue payment. Legal action is considered as a possible course of action to recover the unpaid amount. Additionally, full commission is charged back to the Area Manager, indicating that they are held responsible for the overdue payment.

Completed dealer agreements should be sent to [email protected]. This email address is specifically designated for receiving dealer agreements, indicating that it is the correct destination for sending these documents.

The Outstanding Titles Report can be found under the "Titles" tab in the RMA. This tab is likely dedicated to managing and monitoring titles of various assets or products. The report provides information on titles that are still pending or have not been resolved, allowing users to keep track of any outstanding issues related to titles.

The statement is false because there is no mention of a dealer file worksheet being required to be turned in with the dealer agreement. The question is asking if it is necessary to include the dealer file worksheet along with the dealer agreement, and the correct answer is that it is not required.

The initial buy back letter asks for a check for the amount owed on the FPD, along with an additional $195 acquisition fee and any repo fees that may apply.