Friend of mine's 99 ML320 is throwing an error code 700, Transmission Control fault. What could be wrong with the tranny?

Any DIY thingies I can do? The stealership wants $1700 just to do a test. Also there is NO transmission dip stick, how can one check the fluid level and quality of fluid, color/burnt smell etc?

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Not MBZ nor A/C trained professional but a die-hard DIY and green engineer. Use the info at your own peril. Picked up 2 Infractions because of disagreements. NOW reversed.

W124 Keyless remote, PM for details. http://www.peachparts.com/shopforum/mercedes-used-parts-sale-wanted/334620-fs-w124-chasis-keyless-remote-%2450-shipped.html

1 X 2006 CDI
1 x 87 300SDL
1 x 87 300D
1 x 87 300TDT wagon
1 x 83 300D
1 x 84 190D ( 5 sp ) - All R134 converted + keyless entry.