Understanding Off Roster Firearm Sales
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According to federal firearms laws, a person is considered a 'dealer' in firearms if they engage in the business of buying and selling firearms at wholesale and retail with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms.

  • A person who sells firearms at a loss is considered a 'dealer' in firearms.
  • A person who occasionally buys and sells firearms for personal use is considered a 'dealer' in firearms.
  • A person who buys and sells firearms as a hobby is considered a 'dealer' in firearms. (correct)
  • A person who sells firearms as a one-time transaction is considered a 'dealer' in firearms.
  • According to California State Law, who is allowed to purchase 'off roster' firearms?

  • Licensed firearms dealers only.
  • Law enforcement officials only. (correct)
  • Military personnel only.
  • Any individual who meets the requirements for purchasing firearms.
  • What are the potential consequences for unlawfully engaging in the business of dealing in firearms without a Federal Firearms License?

  • A fine of up to $100,000 and/or imprisonment for up to 10 years.
  • A fine of up to $500,000 and/or imprisonment for up to 20 years.
  • A fine of up to $10,000 and/or imprisonment for up to 1 year.
  • A fine of up to $250,000 and/or imprisonment for up to 5 years. (correct)
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