COLORADO CAR SALES MASTERY EXAM 2025 |
QUESTIONS AND CORRECT ANSWERS | ALREADY
GRADED A+ | LATEST VERSION
The license of a motor vehicle salesperson or power-sports salesperson
may be denied, revoked or suspended on any of the following grounds
except: -CORRECT ANS>>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? -CORRECT ANS>>All of
the above
Colorado Lemon law covers: -CORRECT ANS>>defects that substantially
impair the market value of the 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 ANS>>tax rate
The motor vehicle dealer board is authorized and empowered to: -
CORRECT ANS>>All the above
The motor vehicle dealer board is authorized and empowered to: -
CORRECT ANS>>All the above
Local law enforcement officers must be notified within repossession of a
motor vehicle occurs: -CORRECT ANS>>1 Hour
, 2
All motor vehicle dealers and power-sports dealers must post a clear,
legible sign on their principal place of business if: -CORRECT ANS>>they
will be open less than 40 hours a week
A dealer may issue a temporary permit for each roadworthy vehicle sold -
CORRECT ANS>>False
The motor vehicle dealer board may be decided 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 -CORRECT ANS>>True
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 -CORRECT ANS>>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? -CORRECT ANS>>motor vehicles
with out-of- state titles
The motor vehicle dealer board does not have among its members -
CORRECT ANS>>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 -CORRECT ANS>>$1,000