Skip to content
CramShare
FreePractice exam

AFIP Test Final Exam and Practice Exam Questions 2025/2026 – Newest Actual Exam | Complete 450 Q&A

HEAL100 Health Care — exam and revision material · Other

Updated today

Health Care exam material, 7 pages. Originally published on StudyMerit.

Pages
7
Academic year
2025/2026
Language
English

What’s included

Preview 3 of 7 pages

See the first 3 pages exactly as they appear in the document.

Read page 1 as text

AFIP Test Students also studied Save AFIP Certification for F&I Profession ... Teacher 6 terms joseph_alcozer07 Preview AFIP Federal Exam Part 1 100 terms bailey_hapke Preview AFIP Quiz 393 terms Sal_Migliore Preview AFIP Ce 25 terms rya Practice questions for this set Learn 1 / 7 Study with Learn 1. whatever the customer can do to the selling dealer, he can do to the lienholder. 2. you don't gain any warranty protection. 3. The most amount of money you can get is only what the customer paid. Payment Packing 1.Can't give leg 2. UDAP claim 3. Against the law in CA 4. Against AFIP code of ethics Choose an answer 1 Payment Packing 2 Holder in Due Course Rule 3 Buy Here Pay Here Dealer 4 Buyers Guide Don't know?

Read page 2 as text

PowerBooking 1. violation of the dealer agreement 2. have to buy back the deal 3. problem if the car is repossessed 4. UDAP claim 5. Funding sources have software to identify equipment 6. Lose AFIP certification 3 Elements of a Contract 1. Offer 2. Acceptance 3. Consideration Spanish Language Transactions (Buyers Guide) 1. In the English version of the BG there is a setence in Spanish that tells a customer he can get a Spanish BG if he wants one. 2. if the transaction is in the Spanish, the BG has to be in Spanish. 3. if your pursuing the Spanish market, you should have both English and Spanish buyers guides on the cars. Buyers Guide The BG cannot be the sole source of warranty information Implied Warranty State *In an implied warranty state, state law will override the provisions of a service contract 2 Provisions on the BG 1. a website to get the history on the vehicle 2. a website about safety recalls Car is on the lot marked AS-IS, but the sales person throws in a 3/3 warranty You have to redo the BG Complaints after the Sale on BG 1. Name of individual 2. Phone number of that individual 3. Title of individual 3rd Party Warranty Co. 1. Dealer would record, "no dealer warranty." 2. Check the box for "other used vehicle warranty." The max penalty for violating the Used Car Rule $43972 What is considered cash? 1. cashier's check 2. Bank draft 3. Travelers check 4. money order 5. with a fact amount of less than $10k paid on a car costing more than $10k 6. Anything that represents cleared funds is not considered cash. Buy Here Pay Here Dealer total amount received in a 12 month period that exceeds $10k cash Standard for related purchase total amt received in a 24 hour period Tax Payer ID number 1. SSN 2. Individual Taxpayer Number (ITN) 3. Employer ID Number (EIDN)

Read page 3 as text

Suspension Transaction 1. Don't tell them that you are going to fill out the form, even if they ask. 2. You don't send a letter to the customer Non-Resident Alien 1. DL 2. Passport Number Penalty for negligent failure- Tax form $270 Penalty for willful non-compliance- Tax Form 1. minimum fine $27350 up to $109000 2. Up to $500 for a corporation Penalty for criminal intent- tax form imprisonment of up to 5 years plus the cost of prosecution. Gramm-Leach Bliley Act this implements the Financial Privacy Rule and the Safeguards Rule. Safeguards Rule have to protect all non-public personal information from unauthorized disclosure or theft. Public Information 1.what I can find in the phone book. 2. or on the internet Requirements of the Safeguards Rule 1. to insure the security and confidentiality of both consumer and customer info. 2. protect against anticipated threats or hazards. 3. protect the info against unauthorized access. Failure to comply with the Privacy Rule or Safeguards Rule 1. enforcement by the Federal Trade Commission (FTC) 2. UDAP claim 3. an individual cannot sue you under the rule. What is the Red Flags Program? 1. identify relevant Red Flags 2. detect and evaluate Red Flags. 3. respond to detected Red Flags Fraud Alert 1. it is free 2. an initial Fraud Alert and Active Duty Fraud Alert remain in force for 1 year. 3. an Extended Fraud Alert remains in force for 7 years. 4. a soldier can appoint somebody other than himself to give the pin. Credit Freeze 1. its free 2. stays in force forever until it is thawed. 3. if you contact the credit reporting agency by phone or online, they will release within 1 hour. Who gets a copy of the Risk-Based Pricing Notice 1. Buyer 2. Co-buyer 3. Co-signer

That’s the free preview

You’ve read 3 of 7 pages. The whole document is yours with a free account, and it stays in your library.

Others on this course also opened

Free

With a free account