Mastery Exam, Car Sales Test
Colorado / Colorado Car Sales
Mastery Exam Questions and
Verified Answers Latest
Updated 2024 GRADED A+
,The license of a motor vehicle salesperson or power-sports
salesperson may be denied, revoked or suspended on any of
the following grounds except: - ANS-b) advertising a
salvaged vehicle while identifying the vehicle as a salvage
vehicle
According to colorado law, which of the following must be
licensed as a motor vehicle dealer and or powersports
dealer? - ANS-d) All of the above
Colorado Lemon law covers: - ANS-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? -
ANS-d) tax rate
The motor vehicle dealer board is authorized and
empowered to: - ANS-D)all of the above
Local law enforcement officers must be notified within ___
hours before or after the repossession of a motor vehicle
occurs: - ANS-A)1 hours
,All motor vehicle dealers and power-sports dealers must
post a clear, legible sign on their principal place of business
if: - ANS-B) they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy
vehicle sold - ANS-B) false (verify)
The motor vehicle dealer board may be decide how large a
fine to impose on a dealer who sells primarily vehicles that
weigh 1,500 pounds or more so long as it does not exceed 5k
- ANS-a)True (verify)
The Colorado's consumer protection act declares bait and
switch advertising to be deceptive trade practice. Bait and
switch advertising includes which of the following - ANS-
d)all of the above
Three of the following types of motor vehicles are exempt
from the truth in mileage act. Which one is not exempt? -
ANS-B)motor vehicles with out-of-state titles
, The motor vehicle dealer board does not have among its
members - ANS-c)three employees from the enforcement
division
What is the highest fine per offense that the motor vehicle
dealer board or an administrative law judge may impose on a
dealer , who sells primarily vehicles that weigh less than
1,500 pounds - ANS-$1,000
Three of the following are characteristics of an off-premise
permit. . Which one is not? - ANS-The permit cannot exceed
six days except for the national western stock show, the
colorado state fair, greely stampede
Which of the following is a true statement regarding dealers
and buyers? - ANS-B) a dealer shall clearly indicate on the
costumer contract when a vehicle sold "as is" and without a
guarantee
When advertising a specific number of motor vehicles that
same number of vehicles must have been invoiced to the
dealer - ANS-A)True
Colorado / Colorado Car Sales
Mastery Exam Questions and
Verified Answers Latest
Updated 2024 GRADED A+
,The license of a motor vehicle salesperson or power-sports
salesperson may be denied, revoked or suspended on any of
the following grounds except: - ANS-b) advertising a
salvaged vehicle while identifying the vehicle as a salvage
vehicle
According to colorado law, which of the following must be
licensed as a motor vehicle dealer and or powersports
dealer? - ANS-d) All of the above
Colorado Lemon law covers: - ANS-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? -
ANS-d) tax rate
The motor vehicle dealer board is authorized and
empowered to: - ANS-D)all of the above
Local law enforcement officers must be notified within ___
hours before or after the repossession of a motor vehicle
occurs: - ANS-A)1 hours
,All motor vehicle dealers and power-sports dealers must
post a clear, legible sign on their principal place of business
if: - ANS-B) they will be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy
vehicle sold - ANS-B) false (verify)
The motor vehicle dealer board may be decide how large a
fine to impose on a dealer who sells primarily vehicles that
weigh 1,500 pounds or more so long as it does not exceed 5k
- ANS-a)True (verify)
The Colorado's consumer protection act declares bait and
switch advertising to be deceptive trade practice. Bait and
switch advertising includes which of the following - ANS-
d)all of the above
Three of the following types of motor vehicles are exempt
from the truth in mileage act. Which one is not exempt? -
ANS-B)motor vehicles with out-of-state titles
, The motor vehicle dealer board does not have among its
members - ANS-c)three employees from the enforcement
division
What is the highest fine per offense that the motor vehicle
dealer board or an administrative law judge may impose on a
dealer , who sells primarily vehicles that weigh less than
1,500 pounds - ANS-$1,000
Three of the following are characteristics of an off-premise
permit. . Which one is not? - ANS-The permit cannot exceed
six days except for the national western stock show, the
colorado state fair, greely stampede
Which of the following is a true statement regarding dealers
and buyers? - ANS-B) a dealer shall clearly indicate on the
costumer contract when a vehicle sold "as is" and without a
guarantee
When advertising a specific number of motor vehicles that
same number of vehicles must have been invoiced to the
dealer - ANS-A)True
