Sales Mastery Exam ( set of questions 1) Questions with
Answers (100% Correct Answers)
The license of a motor vehicle salesperson or power-sports salesperson
may be denied,revoked or suspended on any of the following grounds
except:— Answer: 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?— Answer: d) All of
the above
Colorado Lemon law covers:— 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?— Answer: d) tax rate
The motor vehicle dealer board is authorized and empowered to:—
Answer: D)all of the above
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, 2
Local law enforcement officers must be notified within 1 hours before
or after the repossession of a motor vehicle occurs:— Answer: A)1
hours
All motor vehicle dealers and power-sports dealers must post a celar,
legible sign on their principal place of business if:— Answer: B) they
wull be open less than 40 hours a week
A dealer may issue a temporary permits for each roadworthy vehicle
sold— Answer: 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 moreso long as it does not exeed 5k— Answer: a)True
(verify)
The colorado consumer protection act declares bait and switch
advertising to be deceptive trade practice. Bait and switch advertising
includes which of the following— Answer: 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?— Answer: B)motor
vehicles with out-of-state titles
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