Which of the following records is NOT required to be kept by a used car dealership?

In the context of operating a used car dealership, there are specific records that must be maintained to comply with legal and regulatory standards. Among these records, contracts, odometer disclosures, and payment receipts are all essential for ensuring transparency and accountability in transactions with customers.

Contracts serve as formal agreements that outline the terms of sale, helping to establish the rights and responsibilities of both the dealership and the buyer. Odometer disclosures are legally required to prevent odometer fraud and ensure that buyers are aware of the mileage of the vehicle, which is crucial for understanding its value and condition. Payment receipts document the financial transactions associated with vehicle sales, providing proof of purchase and helping to maintain accurate financial records.

On the other hand, while employee personal files can be important for internal human resources purposes, they are not mandated by law to be kept as part of the dealership's operational records in the same way as the aforementioned categories. Each of the other records serves a direct purpose in protecting consumers and maintaining compliance with industry regulations, which is why they are required, whereas employee files do not fit into this critical compliance framework.