No, I do not believe it does.
yes but running a car on stands is very dangerous
can a car be sold with a broken odometer?
The odometer measures the distance the car has travelled.
No
likely on the back of the odometer, it depends on the car. You can likely find out by calling the car manufacturer
I don't think so. Disconnecting the odometer is illegal, and besides, you tow a FWD car with the front wheels off the ground and in that manner the odometer does not register miles. Towing it with the front wheels touching the ground will damage the transmission. So if towed correctly this is a mute issue.
theres no other way to tow a car
You can tow a car that does not have insurance.
With an appropriate tow bar, no.
You cannot reset the odometer in your car, however you can reset your trip odometer.
By driving the vehicle
Depends on the car, and where the odometer is hooked up. Some will, some won't. Not many cars are towed long enough for towed distance to mean anything.