COLORADO CAR SALES MASTERY NEWEST
EXAM 235 QUESTIONS AND CORRECT DETAILED
ANSWERS VERIFIED ANSWERS ALREADY
,Name of dealership license
A dealer is not responsible for taking written action to attempt to correct
a misleading as place by a manufacture if the ad contains the dealer
name - CORRECT ANSWER-false
The motor vehicle department is authorized and empowered
to - CORRECT ANSWER-propose fees
order hearings
investigate
An ad would NOT include - CORRECT ANSWER-
a
salesperson's verbal statement of the MSRP
When advertising terms price conditions of sale of a car,
,dealers may use the term - CORRECT ANSWER-Wish
approved credit
All motor vehicle dealers are power sport dealers must post a clear
legible sign on their pace of business if - CORRECT
ANSWER-they will be open less than 40 hours per week
Wholesalers may - CORRECT ANSWER-Sell to dealers and
other wholesalers
The ad price of a Motor Vehicle must include - CORRECT
ANSWER-Dealer handling and preparation charges
Motor vehicles with demo plates may be loaned to charity
originations and celebrities - CORRECT ANSWER-false
A motor vehicle salesman can be personally liable for any
proven claim or judgement in excess of their surety bond
CORRECT ANSWER-true
-
Which must remain in the window of a new motor vehicle
until its sold to the ultimate purchaser? - CORRECT
ANSWER-Monroney Label
A motor vehicle salesperson may work for more than 1 dealership
during one year - CORRECT ANSWER-true In addition to possible
dealer bond sanctions, if a dealer/salesperson uses bait and switch it is
, a class 2 misdemeanor with a 12 month max jailtime and 1k fine or
both - CORRECT ANSWER-true
According to colorado law, which of the following must be
licensed as a motor vehicle dealer and or powersports
dealer? - CORRECT ANSWER-d) All of the above
Colorado Lemon law covers: - CORRECT ANSWER-c)defects
that substantially impair the market value of a vehicle
Three of the following are required to be disclosed in an advertisement
when a dealer is advertisement a closed end
credit sale of a mother vehicle or powersports...except? -
CORRECT ANSWER-d) tax rate
The motor vehicle dealer board is authorized and
empowered to: - CORRECT ANSWER-D)all of the above
Local law enforcement officers must be notified within ___ hours before
or after the repossession of a motor vehicle occurs: - CORRECT
ANSWER-A)1 hours
All motor vehicle dealers and power-sports dealers must
post a clear, legible sign on their principal place of business
if: - CORRECT ANSWER-B) they will be open less than 40
hours a week
A dealer may issue a temporary permits for each roadworthy
EXAM 235 QUESTIONS AND CORRECT DETAILED
ANSWERS VERIFIED ANSWERS ALREADY
,Name of dealership license
A dealer is not responsible for taking written action to attempt to correct
a misleading as place by a manufacture if the ad contains the dealer
name - CORRECT ANSWER-false
The motor vehicle department is authorized and empowered
to - CORRECT ANSWER-propose fees
order hearings
investigate
An ad would NOT include - CORRECT ANSWER-
a
salesperson's verbal statement of the MSRP
When advertising terms price conditions of sale of a car,
,dealers may use the term - CORRECT ANSWER-Wish
approved credit
All motor vehicle dealers are power sport dealers must post a clear
legible sign on their pace of business if - CORRECT
ANSWER-they will be open less than 40 hours per week
Wholesalers may - CORRECT ANSWER-Sell to dealers and
other wholesalers
The ad price of a Motor Vehicle must include - CORRECT
ANSWER-Dealer handling and preparation charges
Motor vehicles with demo plates may be loaned to charity
originations and celebrities - CORRECT ANSWER-false
A motor vehicle salesman can be personally liable for any
proven claim or judgement in excess of their surety bond
CORRECT ANSWER-true
-
Which must remain in the window of a new motor vehicle
until its sold to the ultimate purchaser? - CORRECT
ANSWER-Monroney Label
A motor vehicle salesperson may work for more than 1 dealership
during one year - CORRECT ANSWER-true In addition to possible
dealer bond sanctions, if a dealer/salesperson uses bait and switch it is
, a class 2 misdemeanor with a 12 month max jailtime and 1k fine or
both - CORRECT ANSWER-true
According to colorado law, which of the following must be
licensed as a motor vehicle dealer and or powersports
dealer? - CORRECT ANSWER-d) All of the above
Colorado Lemon law covers: - CORRECT ANSWER-c)defects
that substantially impair the market value of a vehicle
Three of the following are required to be disclosed in an advertisement
when a dealer is advertisement a closed end
credit sale of a mother vehicle or powersports...except? -
CORRECT ANSWER-d) tax rate
The motor vehicle dealer board is authorized and
empowered to: - CORRECT ANSWER-D)all of the above
Local law enforcement officers must be notified within ___ hours before
or after the repossession of a motor vehicle occurs: - CORRECT
ANSWER-A)1 hours
All motor vehicle dealers and power-sports dealers must
post a clear, legible sign on their principal place of business
if: - CORRECT ANSWER-B) they will be open less than 40
hours a week
A dealer may issue a temporary permits for each roadworthy
