What must a dealer report concerning the employment status of salespersons?

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Dealers are required to report the date of commencement and termination of employment for their salespersons to ensure proper regulation and oversight in the automotive sales industry. This information is crucial for maintaining accurate records, which helps in verifying the legitimacy of transactions and the compliance of salespersons with industry regulations. It also aids in tracking the workforce within the dealership and ensuring that all employed individuals are properly licensed, contributing to consumer protection and ethical practices in automotive sales.

The other options, although they may seem relevant to the dealership operations, do not align with the regulatory requirements set forth by governing bodies in the automotive industry. Starting salaries, names of clients, and the number of vehicles sold are not mandatory reporting elements concerning employment status, emphasizing the focused nature of the reporting requirement on the timeline of employment.

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