Final answer:
The false statement regarding California's salesperson exam is that there's a penalty for guessing incorrectly, which is not the case, as there's no deduction for wrong answers.
Step-by-step explanation:
The statement which is false regarding California's salesperson exam is C) It is better not to guess if you are not sure, since you lose points for every wrong answer. This statement is not accurate because the exam uses a multiple-choice format, and typically for such exams, there is no penalty for guessing. Incorrect answers do not reduce the number of points earned for correct answers. Therefore, it is better to guess than to leave a question blank. On the contrary, the rest of the statements are generally true regarding California's salesperson exam, as the exam has a fixed number of questions (A), applicants are notified by mail (B), and there is no limit to the number of times one can retake the exam if they do not pass (D).
In fact, on California's salesperson exam, there is no penalty for guessing. So, it is advisable to guess if you are not sure of the correct answer. This is because you do not lose points for incorrect answers, and there is no limitation on the number of reexaminations a person can take (option D).